Question

question
the demand function for ice creams is given by
d(q)=25 - 5q,
and the supply function is
s(q)=2q,
where (q) is the number of ice creams in supply, in thousands. what is (s(q)) when 3,000 ice creams are in supply? give your answer as an integer, and do not include the dollar symbol or any other symbols in your answer.
provide your answer below:

Explanation:

Step1: Convert the number of ice - creams to the unit in the function

Since $q$ is in thousands and there are 3000 ice - creams, then $q = 3$ (because $3000\div1000 = 3$).

Step2: Substitute $q$ into the supply function

We have the supply function $S(q)=2q$. Substitute $q = 3$ into it, so $S(3)=2\times3$.

Step3: Calculate the result

$2\times3 = 6$.

Answer:

6