Question Jake whittles little wooden figurines and begins to sell them. If the demand function for his figurines is given by D(g) = 80 – 1.25g and the supply function is S(q) = 0.75q, what is the equilibrium quantity? %3D %3D Do not include "q =" in your answer. Provide your answer below:

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Jake whittles little wooden figurines and begins to sell them. If the demand function for his figurines is given by
D(g) = 80 - 1.25q and the supply function is S(q) 0.75q, what is the equilibrium quantity?
%3D
Do not include "q =" in your answer.
Provide your answer below:
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x2
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GB
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Transcribed Image Text:Question Jake whittles little wooden figurines and begins to sell them. If the demand function for his figurines is given by D(g) = 80 - 1.25q and the supply function is S(q) 0.75q, what is the equilibrium quantity? %3D Do not include "q =" in your answer. Provide your answer below: 8. 9. y x2 Course chat GB DELL #3 2$ & 4 5 7 8. e r t y i f C b in (0
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Demand and supply functions are given. We need to find the equilibrium quantity.

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