Mathematics, 15.02.2021 09:40 bullockarwen
Let the supply and demand functions for a certain model of electric pencil
sharpeners be given by:
p=S(g) =2/3q and p=D(g) = 15-2/3q
Here, p is $ and q is in hundreds of pencil sharpeners,
a) Graph S(q)and D(q)on the same axes,
b) Find the equilibrium price and quantity,
Answers: 1
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Let the supply and demand functions for a certain model of electric pencil
sharpeners be given by:<...
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