SUPPLY AND DEMAND When electric blenders are sold for p dollars apiece, 2 p² manufacturers will supply blenders to local 10 retailers, while the local demand will be 60 blenders. At what market price will the manufacturers' supply of electric blenders be equal to the consumers' demand for the blenders? How many blenders will be sold at this price? O a. 50; 10 O b. None among the choices. O c. 20; 40 O d. 10; 50 O e. 0; 60 O f. 30; 30 - P

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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APPLIED CALCULUS (UPVOTE WILL BE GIVEN. PLEASE WRITE THE SOLUTIONS LEGIBLY. NO LONG EXPLANATION NEEDED. BOX THE FINAL ANSWER.)
SUPPLY AND DEMAND When electric
blenders are sold for p dollars apiece,
manufacturers will supply blenders to local
p²
10
retailers, while the local demand will be 60 P
blenders. At what market price will the
manufacturers' supply of electric blenders be
equal to the consumers' demand for the blenders?
How many blenders will be sold at this price?
O a. 50; 10
O b. None among the choices.
O c. 20; 40
O d. 10; 50
O e. 0; 60
O f. 30; 30
Transcribed Image Text:SUPPLY AND DEMAND When electric blenders are sold for p dollars apiece, manufacturers will supply blenders to local p² 10 retailers, while the local demand will be 60 P blenders. At what market price will the manufacturers' supply of electric blenders be equal to the consumers' demand for the blenders? How many blenders will be sold at this price? O a. 50; 10 O b. None among the choices. O c. 20; 40 O d. 10; 50 O e. 0; 60 O f. 30; 30
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