If the demand equation for an item is D(x) = -3.4x + 740 and a supplier is willing to supply 90 items at $300 per item, or 120 items at $2200 per item, find the equilibrium quantity, assuming linear supply and demand models.

Q: Suppose the supply-demand equations for a logo sweatshirt in a particular week are p-55-0.10q for…

A: Given: Demand function: p=55-0.10q   ……1   Supply function: p=25+0.20q   ……2

Q: Suppose that a company that makes sweatshirts has a linear demand function of qD = –13p + 500 and a…

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Q: A study of a country's colleges and universities resulted in the demand equation q = 20,000 − 2p,…

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Q: Suppose that the long-lasting light bulb supply equation is given by p = 1.04 q- 7.03 and that the…

A: At equilibrium quantity demanded is equal to quantity supplied.

Q: Suppose that a price p and demand x are related through the price-demand equation x+400p=8,000.…

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Q: Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand…

A: Given: Supply: P = 2Q+20 Demand: P = 200-2Q2

Q: When Green Eggs and Ham are sold for $4.00 per apple at Whoville, approximately 2500 servings are…

A: Suppose P(x) =m·x+c be the linear demand function. Also, P(x) represents price per unit when x…