Mathematics, 10.09.2021 03:40 patrick171888
Suppose that the supply function for honey is p=S(q)=0.2q+2.2, where p is the price in dollars for an 8-oz container and q is the quantity in barrels. Suppose also that the equilibrium price is $4.40 and the demand is 3 barrels when the price is $6.40. Find an equation for the demand function, assuming it is linear.
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Suppose that the supply function for honey is p=S(q)=0.2q+2.2, where p is the price in dollars for...
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