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WAEC - Economics (2000 - No. 7)

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
70
74
76
86

Magyarázat

Qs + 70 + 1/2 P, 

when price is 8
Qs = 70 + (1/2 x 8)
Qs = 70 + 4
Qs = 74
 

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