The Demand Function for Super Big Bright LED Light Bulbs

question 62

Multiple Choice

The demand function for Super Big Bright LED light bulbs is Qd = (45 million) - (3.5 million × P) . If the company charged a price of $8 per bulb, how many will be demanded?

• A)17 million
• B)41.5 million
• C)37 million
• D)10 million

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