The quantity supplied of a book per week is rep... - WAEC Economics 2000 Question
The quantity supplied of a book per week is represented by the function: Qs + 70 + 1/2 P, At a price of N8.00, the quantity supplied is
A
70
B
74
C
76
D
86
correct option: b
Qs + 70 + 1/2 P,
when price is 8
Qs = 70 + (1/2 x 8)
Qs = 70 + 4
Qs = 74
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