math
posted by joy on .
Consider the supply equation where x is the quantity supplied in units of a thousand and p is the unit price in dollars.
p=x^3+x+10
Determine the price at which the supplier will make 2,500 units of the commodity available in the market. (Give your answer correct to the nearest cent.)
$ ?

P = (2.5)^3 + 2.5 + 10 = $28.13.