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.