The Table Below Gives the Quantity of a Product Demanded

question 41

Multiple Choice

The table below gives the quantity of a product demanded and the quantity supplied for various prices. Solve the
problem.
-Find the linear equation that gives the price as a function of the quantity demanded. $\begin{array}{l|l|l}\text { Price (dollars) } & \text { Quantity Demanded } & \text { Quantity Supplied } \\\hline 100 & 850 & 0 \\120 & 830 & 30 \\140 & 810 & 60 \\160 & 790 & 90 \\180 & 770 & 120\end{array}$

• A) \(p = - q + 950\)
• B) \(p = q + 950\)
• C) \(\mathrm { p } = \frac { 2 } { 3 } \mathrm { q } + 100\)
• D) \(p = - \frac { 2 } { 3 } q + 100\)

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