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At a price of $27.75, producers will provide 9 items, while at a price of $33.25, they will provide 31 items. Consumers will purchase 86 of these items if the price is $90.5, but will purchase 132 items if the price decreases to $80.25. Find the market equilibrium point. (Enter your answers as a comma-separated list.) -(C (x, y) =

At a price of $27.75, producers will provide 9 items, while at a price of $33.25, they will provide 31 items. Consumers will purchase 86 of these items if the price is $90.5, but will purchase 132 items if the price decreases to $80.25. Find the market equilibrium point. (Enter your answers as a comma-separated list.) -(C (x, y) =

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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At a price of $27.75, producers will provide 9 items, while at a price of $33.25, they will provide 31 items. Consumers will purchase 86 of these items if the price is $90.5, but will purchase 132 items if the price decreases to $80.25. Find the market equilibrium point. (Enter your answers as a comma-separated list.) (x, y) =
Transcribed Image Text:At a price of $27.75, producers will provide 9 items, while at a price of $33.25, they will provide 31 items. Consumers will purchase 86 of these items if the price is $90.5, but will purchase 132 items if the price decreases to $80.25. Find the market equilibrium point. (Enter your answers as a comma-separated list.) (x, y) =
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