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Mathematics, 25.06.2021 07:30 craig4509
D(p) is the price, in dollars per unit, that consumers are willing to pay for p units of an item, and S(p) is the price, in dollars per unit, that producers are willing to accept for p units. Find the equilibrium point. D(p)=3500−20p, S(p)=2500+5p What are the coordinates of the equilibrium point?
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D(p) is the price, in dollars per unit, that consumers are willing to pay for p units of an item,...
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