• anonymous
1) Equilibruim price: You can sell 280 products per week if they are marked at $15 each, but only 240 each week if they are marked at$18 each. Your supplier is prepared to sell you 320 products each week if they are marked at $20 each and 220 each week if they are marked$12 each. Find the demand equation, supply equation and equilibrium price for this product, using variables P for sales piece and Q for sales quantity. Now I NEED TO KNOW HOW TO DO IT AND I KNOW THE ANSWERS Demand equation: q=-13.33p+480 Supply equation: 12.5p+70 Equilibrium Price: \$15.87 I know how to get -13.33p but...
Mathematics
• Stacey Warren - Expert brainly.com
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SOLVED
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