Question

A study finds that at a price of $10, 100 t-shirts are sold. at a price of $5, 300 t-shirts are sold. how many t-shirts can you assume are sold at $7? why?

Answer 1

The number of t-shirts that one can assume are sold at a price of $7 will be 220

What is price?

It should be noted that price is the sum of money that one party pays or receives in exchange for another's goods or services. The cost of production may go by another name in some circumstances. If a product is classified as a "good" in a business transaction, its price is most likely to be referred to as such.

In this case, it should be noted that the higher the price of a particular good, there'll be a reduction in the quantity that will be demanded.

Therefore, the most likely value will be $220. In conclusion, the correct option is A.

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A study finds that at a price of $10, 100 t-shirts are sold. At a price of $5, 300 t-shirts are sold. How many t-shirts can you assume are sold at $7?

A. 220

B. 200

C. 180

D. 160