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The demand for your hand-made skateboards, in weekly sales, is  q = −5p + 500  if the selling price is $p. You are prepared to supply  q = 5p − 300  per week at the price $p. What price should you sell your skateboards for so that there is neither a shortage nor a surplus? $  per skateboard

The demand for your hand-made skateboards, in weekly sales, is  q = −5p + 500  if the selling price is $p. You are prepared to supply  q = 5p − 300  per week at the price $p. What price should you sell your skateboards for so that there is neither a shortage nor a surplus? $  per skateboard

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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The demand for your hand-made skateboards, in weekly sales, is 
q = −5p + 500
 if the selling price is $p. You are prepared to supply 
q = 5p − 300
 per week at the price $p. What price should you sell your skateboards for so that there is neither a shortage nor a surplus?
$  per skateboard
 

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