Scenario 5.1
The demand for noodles is given by the following equation: Q = 20 - 4P + 0.2I - 2P x . Assume that P = $8, I = 200, and P x = $10.
-Given the above equation, the quantity of noodles demanded at a price of $8 is _____.
A)8
B)10
C)12
D)4
E)20

Question

Quizplus · Accepted Answer

The Answer of Scenario 5.1
The demand for noodles is given by the following equation: Q = 20 - 4P + 0.2I - 2P x . Assume that P = $8, I = 200, and P x = $10.
-Given the above equation, the quantity of noodles demanded at a price of $8 is _____.
A)8
B)10
C)12
D)4
E)20

Scenario 5.1 The Demand for Noodles Is Given by the Following Equation