Given: (q is number of items) Given: (g is number of items)Demand function: d(q) = 581.9 – 0.6q?Supply function: s(q) = 0.5g?Find the equilibrium quantity:itemsFind the equilibrium price: $

Given, the demand function dq=581.9-0.6q2, and supply function sq=0.5q2, therefore we have to find…

Answered: Given: (q is number of items) Demand…

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter5: Inverse, Exponential, And Logarithmic Functions

Section5.3: The Natural Exponential Function

Problem 43E

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Given: (q is number of items) Demand function: d(q) = 581.9 – 0.6g? Supply function: s(q) = 0.5q? | Find the equilibrium quantity: items Find the equilibrium price: $