SOLUTION: Consider the supply equation where x is the quantity supplied in units of a thousand and p is the unit price in dollars.
p = x^3 + x + 3
Determine the price (in dollars) at whi
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-> SOLUTION: Consider the supply equation where x is the quantity supplied in units of a thousand and p is the unit price in dollars.
p = x^3 + x + 3
Determine the price (in dollars) at whi
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Question 1160559: Consider the supply equation where x is the quantity supplied in units of a thousand and p is the unit price in dollars.
p = x^3 + x + 3
Determine the price (in dollars) at which the supplier will make 1,500 units of the commodity available in the market. (Round your answer to the nearest cent.)
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Consider the supply equation where x is the quantity supplied in units of a thousand and p is the unit price in dollars.
p = x^3 + x + 3
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From reading that problem description, one might like to just substitute 1.500 for x, and evaluate p. Maybe another opinion is needed.
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