For the Demand Equation, Where X Represents the Quantity Demanded

question 211

Multiple Choice

For the demand equation, where x represents the quantity demanded in units of 1,000 and p is the unit price in dollars, determine the quantity demanded corresponding to the unit price p = 5. 5x + 4p - 40 = 0

• A) 3,000
• B) 4,500
• C) 4,000
• D) 5,500