Suppose the Price P of Bolts Is Related to the Quantity

question 77

Multiple Choice

Suppose the price p of bolts is related to the quantity q that is demanded by: $p = 500 - 5 q ^ { 2 }$ where q is measured in hundreds of bolts. Suppose the supply function for bolts is given by $p = 5 q ^ { 2 }$ where q is the number of bolts (in hundreds) that are supplied at price p. Find the equilibrium supply.

• A) About 636 bolts
• B) About 778 bolts
• C) About 707 bolts
• D) About 7 bolts

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Definitions:

Clonal Selection Theory

A fundamental principle in immunology that explains how lymphocytes proliferate and differentiate in response to specific antigens, leading to immune memory.

B Cells

A type of white blood cell that plays a significant role in the body's immune response by producing antibodies.

Plasma Cells

White blood cells that produce antibodies, playing a critical role in the immune system's response to infection and disease.

Antibodies

Proteins produced by the immune system that recognize, bind to, and help neutralize foreign substances like bacteria and viruses.