You Sell Heating Oil

question 21

Multiple Choice

You sell heating oil.Your yearly storage cost C, in dollars, depends on the amount q, in thousands of gallons, of heating oil you order at the beginning of the season.The relationship is ​ .
​
There are two heating oil order sizes that will result in a yearly storage cost of 142 dollars.Find both of them.Round the number of thousand gallons to two decimal places if necessary.
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• A) 2.01 thousand gallons and 8.14 thousand gallons
• B) 0.36 thousand gallons and 7.56 thousand gallons
• C) 35.12 thousand gallons and 0.38 thousand gallons
• D) 37.91 thousand gallons and 37.99 thousand gallons

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Definitions:

Sushi

A traditional Japanese dish made of vinegared rice, often accompanied by various ingredients such as seafood, vegetables, and occasionally tropical fruits.

Equilibrium

The state in a market where supply equals demand, and there is no external pressure for the market price or quantity to change.

Quantity Demanded

Refers to the total amount of a good or service that consumers are willing and able to purchase at a given price in a given period.

Quantity Supplied

The total amount of a good or service that producers are willing to sell at a given price over a specific period.