Demand for Your Tie-Dyed T-Shirts Is Given by the Formula

question 76

Multiple Choice

Demand for your tie-dyed T-shirts is given by the formula where p is the price in dollars you can charge to sell q T-shirts per month. If you currently sell T-shirts for $10 each and you raise price by $2 each month, how fast will the demand drop?

• A)80 T-shirts per month
• B)20,000 T-shirts per month
• C)400 T-shirts per month
• D)10 T-shirts per month
• E)40 T-shirts per month

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