Business, 28.10.2020 16:30 Jsusussueususu

At $0.31 per bushel, the daily supply for wheat is 306 bushels, and the daily demand is 459 bushels. When the price is raised to $0.79 per bushel, the daily supply increases to 546 bushels, and the daily demand decreases to 439 bushels. Assume that the price-supply and price-demand equations are linear. a. Find the price-supply equation.

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At $0.31 per bushel, the daily supply for wheat is 306 bushels, and the daily demand is 459 bushels....

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