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#28 in text, page 29

Suppose that the demand and price for strawberries are related
by p = D(q) = 5 - 0.25q where p is the price in dollars and q is the
demand in hundreds of quarts.

Find the price at each level of demand.


a) 0 quarts b) 400 quarts c) 840 quarts
Find the demand for the strawberries at each price.
d) $4.50 e) $3.25 f) $2.40

g) Graph the demand function.


#28 continued

Suppose the price and supply of strawberries are related by


p = S(q) = 0.75q, where p is the price in dollars and q is the
supply in hundreds of quarts of strawberries.

Find the supply at each price.


h) $0 i) $2 j) $4.50

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