For problems 1 – 4: The Dolan Corporation, a maker of small engines, determines that in 2019 the demand curve for its product is   P = 2,000 - 50Q where P is the price (in dollars) of an engine and Q is the number of engines sold per month. If managers set a price of $750, how many engines will Dolan sell per month? a.30 b.35 c. 20 d.25

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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For problems 1 – 4: The Dolan Corporation, a maker of small engines, determines that in 2019 the demand curve for its product is

 

= 2,000 - 50Q

where is the price (in dollars) of an engine and is the number of engines sold per month.

If managers set a price of $750, how many engines will Dolan sell per month?

a.30

b.35

c. 20

d.25

 

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