Mathematics, 30.01.2020 06:59 starfox5454
The market equilibrium point for a product is reached when 12000 units are produced and sold at $27 per unit. the manufacturer will not produce any units at the price of $6, and the customers will not buy any at the price of $69. find the supply and demand equations, assuming they are linear.
the equations should express price p in terms of quantity q.
supply equation: p=
demand equation: p=
Answers: 1
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The market equilibrium point for a product is reached when 12000 units are produced and sold at $27...
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