Q2. At a price of $7.00 per box of apples, the supply is 320,000 boxes and the demand is200,000 boxes.At price $ 6.50 per box, the supply is 270,000 boxes and the demand is 300,000 boxes.Find the price -supply equation of the form p = mx + b, where p is the price in dollarsand x is the corresponding supply in thousands of boxes.

To determine the price-supply equation.

Answered: Q2. At a price of $7.00 per box of…

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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