Table 7-3 For Each of Three Potential Buyers of Oranges, the Table

question 161

Multiple Choice

Table 7-3
For each of three potential buyers of oranges, the table displays the willingness to pay for the first three oranges of the day. Assume Alex, Barb, and Carlos are the only three buyers of oranges, and only three oranges can be supplied per day.

-Refer to Table 7-3.The market quantity of oranges demanded per day is exactly 5 if the price of an orange,P,satisfies

• A)$1.00 < P < $1.50.
• B)$0.80 < P < $1.50.
• C)$0.80 < P < $1.00.
• D)$0.75 < P < $0.80.

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Definitions:

Cosines

Refers to the cosine function, a trigonometric function that represents the ratio of the adjacent side to the hypotenuse of a right-angled triangle.

Frequency

The number of complete cycles of AC voltage that occur in 1 s.

Hertz

The unit of frequency in the International System of Units (SI), equivalent to one cycle per second, used to measure the frequency of alternating currents and sound waves.

Cycle

One complete AC waveform.