the supply function for a product is given by p = 100eq q + 1 , where q represents the number of hundreds of units, what will be the price p when the producers are willing to supply 700 units? (Round your answer to two decimal

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter2: Equations, Inequalities, And Problem Solving
Section2.3: Equations Involving Decimals And Problem Solving
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If the supply function for a product is given by 

p = 
100eq
q + 1
,

 where q represents the number of hundreds of units, what will be the price p when the producers are willing to supply 700 units? (Round your answer to two decimal places.)

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