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Business, 24.02.2020 21:13 dontworry48
Stutz Department Store will buy 10 pairs of sunglasses if the price is $86 per pair and 30 pairs if the price is $36. The supplier of the sunglasses is willing to provide 35 pairs if the price is $91 per pair but only 5 pairs if the price is $31. Assuming that the supply and demand functions for the sunglasses are linear, find the market equilibrium point. Step 1 Find the two ordered pairs for the demand function in the form (q, p). List your answers from smallest q to largest. (q, p) = (q, p) =
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