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Consider the following:

Demand Function: [tex]p = 12 - 0.0003x[/tex]

Quantity Demanded: [tex]x = 20000[/tex]

What does [tex]S[/tex] equal?

A) [tex]12 - 0.0003x[/tex]
B) [tex]20000[/tex]
C) [tex]p[/tex]
D) None of the above

Answer :

Final answer:

The question seems to confuse variables in an economic context, as S typically represents supply, yet no supply function is given. Therefore, 'None of the above' is the correct answer.

Explanation:

The question asks: "Consider the following: Demand Function - p = 12 - 0.0003x Quantity Demanded: X = 20000. What does S equal?" Based on the information provided and the context of the question, it appears there might be a misunderstanding, as S typically represents supply in economic equations, but no supply function or related variable is provided within this question.

In the realm of economics and algebra, without a specific supply function given or a more detailed context, we cannot accurately determine what S is supposed to represent just from the demand function and quantity demanded provided. Therefore, the correct answer within the provided options is D) None of the above.

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