MM
Mashaal Masha
Mar 20, 2024
An economist modeled the demand $Q$ for a certain product as a linear function of the selling price $P$. The demand was 20,000 units when the selling price was $\$40$ per unit, and the demand was 15,000 units when the selling price was $\$60$ per unit. Based on the model, what is the demand, in units, when the selling price is $\$55$ per unit?
Difficulty: Hard
A:
16,250
B:
16,500
C:
16,750
D:
17,500
ID: 65faa36e9ae8b23fbdfbe923