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A market is exposed to changes in the sales of an item depending on the demand and supply functions where S-a + bp + qsinßt where 8 a, b, c, d, q are positive seconds. Write a mathematical model showing the behavior of the commodity (p (t) that depends on the rate of market change on the difference between demand D and supply S and analyze the behavior of the commodity market with increasing time) D - c - dp

A market is exposed to changes in the sales of an item depending on the demand and supply functions where S-a + bp + qsinßt where 8 a, b, c, d, q are positive seconds. Write a mathematical model showing the behavior of the commodity (p (t) that depends on the rate of market change on the difference between demand D and supply S and analyze the behavior of the commodity market with increasing time) D - c - dp

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A market is exposed to changes in the sales of an item depending on the demand and supply functions where S-a + bp + qsinßt where 8 a, b, c, d, q are positive seconds. Write a mathematical model showing the behavior of the commodity (p (t) that depends on the rate of market change on the difference between demand D and supply S and analyze the behavior of the commodity market with increasing time) D - c - dp
Transcribed Image Text:A market is exposed to changes in the sales of an item depending on the demand and supply functions where S-a + bp + qsinßt where 8 a, b, c, d, q are positive seconds. Write a mathematical model showing the behavior of the commodity (p (t) that depends on the rate of market change on the difference between demand D and supply S and analyze the behavior of the commodity market with increasing time) D - c - dp
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