Solve the problem.
-The price of commodities, like pork bellies, is determined by supply and demand. Thus, the price of pork bellies is a function of the number of pounds of pork bellies produced. The price of a pound of pork bellies can be estimated by the
Function where f(Q) is the price of a pound of pork bellies and Q is the annual number of pounds of pork bellies produced.
i. Construct a graph showing the relationship between the number of pounds of pork bellies produced and the price
Of a pound of pork bellies.
ii. Estimate the cost of a pound of pork bellies if 70,000 pounds of pork bellies are produced in a given year.
A)
B)
C)
D)
Correct Answer:
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