The supply of rice in tons is given by the equation:
Qs -80 - 0.7P = 0.
Where Qs = Quantity supplied
P = price in naira.
Find Qs, when P = N40
a
108ton
b
52tons
c
-52tons
d
-108tons
Explanation
Correct Option
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Discussions (8)

Chuks612
9 years ago
Wrong. The formula was given as - qs-80-0.7p=0. Taking the figures to the right hand side. Qs=80+0.7p.
Qs=80+0.7(40)
Qs=80+28
Qs=108. Option A.

SalCR7
1 year ago
Your answer is wrong and the explanation is not clear and accurate. Please correct the error.

Bville
8 years ago
Chuks you're wrong...they got it correct...its - and not +
So its Qs=80-0.7p
Qs=80-0.7(40)
Qs=80-28
Qs=52.....52tons


