The supply curve for steel is 90x−y=−50.
The demand curve is 10x+y=200.
x is quantity i...
Mathematics, 24.09.2020 05:01 kimvigil4580
The supply curve for steel is 90x−y=−50.
The demand curve is 10x+y=200.
x is quantity in thousands of metric tons
y is price in dollars per metric ton
What are the values for quantity and price at the intersection point of the two curves?
Answers: 2
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