3. A company wholesales shampoo in a particular city. Their marketing research department established the following weekly supply-and-demand equations. P = 30²0+2¹ 9,900 Supply equation p= Demand equation -X How many units are required for supply to equal demand? At what price per bottle will supply equal demand?
3. A company wholesales shampoo in a particular city. Their marketing research department established the following weekly supply-and-demand equations. P = 30²0+2¹ 9,900 Supply equation p= Demand equation -X How many units are required for supply to equal demand? At what price per bottle will supply equal demand?
Chapter1: Making Economics Decisions
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3. A company wholesales shampoo in a particular city. Their marketing research
department established the following weekly supply-and-demand equations.
P = 30%0+ 2¹
9,900
Supply equation
p=
Demand equation
-X
How many units are required for supply to equal demand? At what price per
bottle will supply equal demand?
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