The supply equation for a certain brand of radio is given by , where p is expressed in dollars/bushel and x, the quantity demanded each year, is measured in billions of bushels. The economists are forecasting a harvest of 1.8 billion bushels for the year, with a maximum error of 15% in their forecast.

Determine the corresponding maximum error in the predicted price per bushel of soybeans. Round the answer to the nearest percent.

A. 14%
B. 7%
C. 61%
D. 12%
E. 24%


Answer: E

Mathematics

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A.
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