Given: (g is number of items) Demand function: d(g) = 518.4- Supply function: s(q) = 0.6q %3D Find the equilibrium quantity: items Find the equilibrium price: S
Given: (g is number of items) Demand function: d(g) = 518.4- Supply function: s(q) = 0.6q %3D Find the equilibrium quantity: items Find the equilibrium price: S
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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Transcribed Image Text:Given: (g is number of items)
Demand function: d(q) = 518.4 0.3q2
Supply function: s(q) = 0.6q
Find the equilibrium quantity:
items
Find the equilibrium price: $
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