Question

If P=300−x/30​ represents price demand for paper shredders, what is the price when x=150?

a) $295
b) $2950
c) $305

Answer 1

The price for paper shredders when x is 150 is calculated using the price demand function P=300-(x/30), resulting in a price of $295.

Step-by-step explanation:

When substituting x=150 into the price demand function P=300-rac{x}{30}, we can calculate the price for paper shredders. The calculation is as follows:

P = 300 - rac{150}{30}

P = 300 - 5

P = $295

Therefore, the price when x equals 150 is $295, which is option (a).