When the price of a product is p dollars each, suppose that a manufacturer will supply 2p-12 units of the product to the market and that consumers will demand to buy 270-4p units. At the value of p for which supply equals demand, the market is said to be in equilibrium. Find this value of p.

Step-by-step explanation:

We have been given that when the price of a product is p dollars each, suppose that a manufacturer will supply units of the product to the market and that consumers will demand to buy units. We are asked to find the equilibrium.

To find equilibrium, we will equate demand with supply and solve for p as:

Therefore, when the price of product is $47, then the market is said to be in equilibrium.

the answer is c)8

step-by-step explanaction:

the answer will be