The demand for beans in bags is given by the function Q - 36 + 0, 4P = 0. Where P is price in naira and Q is quantity, find Q when P = 20 naira.

Answer Details

The demand function for beans in bags is given as: Q - 36 + 0.4P = 0 We are given P = 20 naira, therefore: Q - 36 + 0.4(20) = 0 Q - 36 + 8 = 0 Q = 28 bags Therefore, when the price of beans in bags is 20 naira, the quantity demanded is 28 bags. Hence, the answer is 28 bags.