Practice prompt · Q:economics-and-market-foundations/compute-quantity-supplied-001

Compute and label one quantity supplied

Evaluate a supply function at one price and prevent the resulting point from being mislabeled as inventory, production, or the entire supply relationship.

Updated Aug 7, 2026 Review due Nov 7, 2026

Practice

Check your answer

Choose a response, then check the answer and explanation.

The supplied Linden baseline function is Qs = 200 + 10P, with P in USD per chair and Qs in chairs per week. What does the function report at $50?

Choose the best answer. a 700 chairs per week, the quantity supplied at $50 under the baseline relationship; it is not automatically production, ending inventory, or sales. b $700 of inventory because the equation output is an accounting balance. c Supply increased to 700 because any positive price shifts the supply curve.

Your answer stays on this page. It is not sent or saved.

Show explanationHide explanation

Answer: a

Choice a. Qs = 200 + 10($50) = 700 qualifying chairs per week offered under the baseline model.