To Find the Number of Units That Gives Break-Even for the Product

question 177

Multiple Choice

To find the number of units that gives break-even for the product, solve the equation R $$\mathbf { R } = \mathbf { C }$$ ound your answer to the
nearest whole unit.
-The demand for a certain product is given by p $$p + 8 q = 297 , \text { and the supply is given by } p - 4 q = 21$$ , where p is the price in dollars and q is the quantity demanded or supplied at price p. Find the price at which the quantity
Demanded equals the quantity supplied.

• A) $113
• B) $116
• C) $115
• D) $110