Suppose a company is willing to sale some product at certain price. if the supplied quantity S is modeled by the equation S(p)=70p-800 and the quantity of demand is modeled by the equation D(p)=-50p+2500 what will be the equillibrium price and equillibrium quantity ?
Suppose a company is willing to sale some product at certain price. if the supplied quantity S is modeled by the equation S(p)=70p-800 and the quantity of demand is modeled by the equation D(p)=-50p+2500 what will be the equillibrium price and equillibrium quantity ?
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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Suppose a company is willing to sale some product at certain price. if the supplied quantity S is modeled by the equation S(p)=70p-800 and the quantity of demand is modeled by the equation D(p)=-50p+2500
what will be the equillibrium price and equillibrium quantity ?
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