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15 May, 18:38

Assume there are 100 suppliers of widgets in the widget market. Half of these suppliers supply 35 widgets to the market each, a quarter of these suppliers supply 40 widgets to the market each, and a quarter of these suppliers supply 50 widgets to the market each. What is the market supply for widgets?

a. 100

b. 125

c. 400

d. 4,000

e. 1, 750

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Answers (1)
  1. 15 May, 18:40
    0
    Total widgets supplied in the market will be 4000

    So option (d) will be correct answer

    Explanation:

    We have given total number of suppliers = 100

    It is given that half of the suppliers supply 35 widgets

    So 50 supplier supply 35 widgets each

    So total number widgets supplied by 50 supplier = 50*35 = 1750

    A quarter, that is 25 supplier supply 40 widgets

    So widgets supplied by 25 supplier = 25*40 = 1000

    And other quarter, that is 25 supplier supply 50 widgets each

    So widgets supplied by 25 supplier = 25*50 = 1250

    So total widgets supplied in the market will be = 1750+1000+1250 = 4000

    So option (d) will be correct answer
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