The Willingness of Saddle Producers to Supply Saddles Can Be

question 16

Multiple Choice

The willingness of saddle producers to supply saddles can be modeled by the following function: where saddles are sold for p thousand dollars. At what price will the producer supply 10 thousand saddles? Round your answer to the nearest dollar.

• A) $1270 per saddle
• B) $55,745 per saddle
• C) $8178 per saddle
• D) $5174 per saddle
• E) $8656 per saddle