Suppose the demand curve for an orange is given by the equation q=-200*p+1000
with quantity me...
Mathematics, 17.01.2020 07:31 gwendallinesikes
Suppose the demand curve for an orange is given by the equation q=-200*p+1000
with quantity measured in oranges per day and price measured in dollars per oranage. the supply curve is q=800*p
commute the equilibrium price
set the right-hand side of the equations equal to each other, and solve for p. then substitute this p value into each equation, and solve for q.
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