Suppose that the demand and price for a wrist watch are related by the following equation:
p...
Business, 24.01.2020 03:31 nayelimoormann
Suppose that the demand and price for a wrist watch are related by the following equation:
p = d(q) = 28 - 2.25
where p is the price (in dollars) and q is the quantity demanded (in hundreds).
a. find the price when the demand is 0 watches. b. find the price when the demand is 400 watches.
c. find the quantity supplied at a price of $10.
Answers: 3
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