Answer :
Final answer:
D(2.60)=173 means that for $2.60 per toy, the demand for BooCoo Toys is 173 hundred toys, illustrating the relationship between price and demand. So, the correct option is C) The demand for BooCoo Toys is 173 toys when the price is $2.60 per hundred toys.
Explanation:
The statement D(2.60)=173 means that when the price of BooCoo Toys is $2.60 each, the demand is 173 hundred toys. This is interpreted within the context of demand functions whereby the price of a commodity affects how much of it is demanded by consumers. Here, function D refers to the demand of BooCoo Toys to the price of each toy, providing a clear quantitative relationship between these two variables.
