The Number of Wrenches That Can Be Produced at a Given

question 62

Multiple Choice

The number of wrenches that can be produced at a given price can be predicted by the formula , where is the supply (in thousands) and is the price (in dollars) . If the demand for the wrenches can be predicted by the formula , find the equilibrium price.

• A) $5
• B) $4
• C) $3
• D) None of the above

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Definitions:

Larynx

The voice box located in the throat, housing the vocal cords and responsible for producing sound.

Superior Rectus

A muscle in the eye that primarily contributes to upward eye movement.

Eye Muscle

Any of the six muscles that control the movement of the eye and the eyelid.

Intrinsic Eye Muscles

Muscles located within the eye that control its movements and the size of the pupil.