A Manufacturer Has Found That the Daily Demand for a Certain

question 160

Multiple Choice

A manufacturer has found that the daily demand for a certain item is $\frac { 300 } { p }$ , where $p$ is the price of the item in dollars. The daily supply is $6 \mathrm { p } - 3$ . At what price does supply equal demand? Round your answer to the nearest cent.

• A) $17.15
• B) $7.33
• C) $87.91
• D) $6.54

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Definitions:

Environmental Audit Programs

Structured processes that evaluate and improve the effectiveness of an organization's environmental management practices and impact.

Social Psychological Strategies

Approaches or techniques based on social psychology aimed at understanding or influencing social behaviors.

Descriptive Norm

The perception of what most people do in a specific situation, often informing an individual's understanding of socially acceptable behavior.

Nonverbal Feedback

Communication without words that includes facial expressions, body language, gestures, and other physical cues to convey responses or feedback.