A factory sells backpacks for $40. 00 each. The cost to make 1 backpack is $10. 0. In addition to the costs of making backpacks, the factory has operating expenses of $12,000 per week. The factory's goal is to make a profit of at least $980 each week. What is the minimum number of backpacks the factory must sell in order to meet the weekly goal?.

Which of the following most accurately describes how the equilibrium price of a good or service can be determined? a. by moving the supply curve right or left until it matches the demand curve. b. by finding where the supply curve and the demand curve intersect. c. by doing market research to determine the maximum price consumers will pay. d. by taking the opposite of the columns in a supply schedule and a demand schedule.