WAEC - Economics (2007 - No. 12)

The demand for beans in bags is given by the function Q - 36 + 0.4P = 0.

Where P is price in naira and Q is quantity.

Find Q when P = 20 naira.

12 bags
24 bags
28 bags
30 bags

Explanation

Q - 36 + 0.4P = 0

Q = 36 - 0.4(20)

36 - 8 =  28

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