Stutz Department Store will buy 10 pairs of sunglasses if the price is $89 per pair and 30 pairs if the price is $39. The supplier of the sunglasses is willing to provide 35 pairs if the price is $94 per pair but only 5 pairs if the price is $34, Assuming that the supply and demand functions for the sunglasses are linear, find the market equilibrlum point.

Stutz Department Store will buy 10 pairs of sunglasses if the price is $89 per pair and 30 pairs if the price is $39. The supplier of the sunglasses is willing to provide 35 pairs if the price is $94 per pair but only 5 pairs if the price is $34, Assuming that the supply and demand functions for the sunglasses are linear, find the market equilibrlum point.

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

Tutorial Exercise
Stutz Department Store will buy 10 pairs of sunglasses if the price is $89 per pair and 30 pairs if the price is
$39. The supplier of the sunglasses is willing to provide 35 pairs if the price is $94 per pair but only 5 pairs if
the price is $34, Assuming that the supply and demand functions for the sunglasses are linear, find the
market equilibrlum point.
Step 1
Find the two ordered pairs for the demand function in the form (q. p). List your answers from smallest q to
largest.
(q. p) =
(q, p)=

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