Mathematics, 09.04.2020 02:19 leeshaaa17
A group of retailers will buy 84 televisions from a wholesaler if the price is $500 and 124 if the price is $450. The wholesaler is willing to supply 72 if the price is $420 and 152 if the price is $510. Assuming that the resulting supply and demand functions are linear, find the equilibrium point for the market.
(q, p) =
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A group of retailers will buy 84 televisions from a wholesaler if the price is $500 and 124 if the p...
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