Based on the Quantity Equation,if M = 100,V = 3,and

question 235

Multiple Choice

Based on the quantity equation,if M = 100,V = 3,and Y = 150,then P =

• A)1.
• B)1.5.
• C)2.
• D)4.5.

---

Definitions:

Income

The amount of money or its equivalent received during a period of time in exchange for labor, services, or goods sold.

Price

The cost expected, demanded, or provided in money for something.

Apples

Edible fruits produced by the apple tree, known for their sweet taste and used in various culinary dishes.

Bananas

A type of edible fruit that is elongated and curved, with soft flesh rich in starch covered by a peel.