subject
Business, 12.02.2020 01:58 macorov37

The market equilibrium point for a product is reached when 11000 units are produced and sold at $24 per unit. The manufacturer will not produce any units at the price of $3, and the customers will not buy any at the price of $61.Find the supply and demand equations, assuming they are linear. The equations should express price p in terms of quantity q.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:40
Prior to its closing, income summary had total debits of $1,190,500 and total credits of $1,476,300. what purpose is served by the income summary account and what is the nature of the entries that resulted in the $1,190,500 and the $1,476,300? the income summary account is used to the accounts. the $1,190,500 represents the , and the $1,476,300 represents . the company had of $ .
Answers: 1
question
Business, 21.06.2019 22:30
Before contacting the news or print media about your business, what must you come up with first ? a. a media expertb. a big budgetc. a track recordd. a story angle
Answers: 1
question
Business, 22.06.2019 19:30
Adisadvantage of corporations is that shareholders have to pay on profits.
Answers: 1
question
Business, 22.06.2019 20:20
Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation
Answers: 3
You know the right answer?
The market equilibrium point for a product is reached when 11000 units are produced and sold at $24...
Questions
question
Business, 23.10.2019 16:00
question
Physics, 23.10.2019 16:00
question
Geography, 23.10.2019 16:00
question
English, 23.10.2019 16:00
Questions on the website: 13722362