If P = 1/2(Qs + 15). What is the quantity supplied at N9.00?
Answer Details
The given equation is P = 1/2(Qs + 15). Here, P represents the price, and Qs represents the quantity supplied. To find the quantity supplied when the price is N9.00, we need to substitute P = 9 in the equation and solve for Qs.
So, 9 = 1/2(Qs + 15)
Multiplying both sides by 2, we get:
18 = Qs + 15
Subtracting 15 from both sides, we get:
Qs = 3
Therefore, the quantity supplied at a price of N9.00 is 3.0.