Question

The price and supply for a certain model of graphing calculator are related by:

p = S(q) = 2q
where the price (p) is in $ and the q is in hundreds of
calculators.
Find the supply in numbers of calculators if the price is $105 per calculators

Answer 1

`S(q)= 105`

Explanation:

Given

`p =S(q) = 2q`

Required

Calculate S(q) when p = 105

The given equation can be rewritten as:

`S(q) = p`

`S(q) = 2q`

`p= 2q`

Using:
`S(q) = p`

Substitute 105 for p

`S(q)= 105`