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Mathematics, 29.06.2020 16:01 catchonyet
Suppose an airline announces that its earnings this year are lower than expected due to reduced ticket sales. The airline spokesperson gives no information on how the company plans to turn
21
things around, he only mentioned that the current demand curve is given by β β 4 = 0
3
and the supply curve is given by 2 + 8 β 43 = 22
Find the equilibrium points of the airlin
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