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The demand and supply functions for Penn State ice hockey jerseys are: pd(x)- 106 - x p-stx) 3 - 20x - 94 where x is the number of hundreds of jerseys and p is the price in dollars. Find the equilibrium point. Equilibrium quantity, x which corresponds to Jerseys. Equilibrium price, p- dollars

The demand and supply functions for Penn State ice hockey jerseys are: pd(x)- 106 - x p-stx) 3 - 20x - 94 where x is the number of hundreds of jerseys and p is the price in dollars. Find the equilibrium point. Equilibrium quantity, x which corresponds to Jerseys. Equilibrium price, p- dollars

Algebra and Trigonometry (6th Edition)
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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The demand and supply functions for Penn State lce hockey jerseys are: P- d(x) - 106 -x2 p-s(x) 3- 20x - 94 where x is the number of hundreds of jerseys and p is the price in dollars. Find the equilibrium point. Equilibrium quantity, x which corresponds to jerseys. Equilibrium price, p= dollars.
Transcribed Image Text:The demand and supply functions for Penn State lce hockey jerseys are: P- d(x) - 106 -x2 p-s(x) 3- 20x - 94 where x is the number of hundreds of jerseys and p is the price in dollars. Find the equilibrium point. Equilibrium quantity, x which corresponds to jerseys. Equilibrium price, p= dollars.
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