Solve the Problem $$\begin{array}{l}S(p)=5 p \\D(p)=120-4 p\end{array}$$ A) 48
B) 132
C) 72
D) 60

question 141

Multiple Choice

Solve the problem.
-Given the supply and demand functions below, find the demand when p = $12. $$\begin{array}{l}S(p) =5 p \\D(p) =120-4 p\end{array}$$

• A) 48
• B) 132
• C) 72
• D) 60

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Definitions:

Maximum Rate of Growth

The highest possible expansion rate that a business can achieve without obtaining additional financing from external sources.

Sustainable Rate Of Growth

The maximum rate at which a company can grow its revenues without needing to obtain additional financing.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the costs of goods sold, representing the proportion of sales that turns into profit.

Dividend Payout Ratio

The percentage of earnings paid to shareholders in dividends, calculated by dividing the total dividends by the net income for the same period.