The supply and demand for a business manufacturing toy cars are given by these two equations, where y is the price in dollars per item and x is the number of toy cars sold in thousands.
Supply: y = x2 − x + 0.5
Demand: y = x2 − 1.6
The two graphs intersect at the point (2.1, 2.8), which is the market equilibrium for the business. Which statement is true?

See more answers at brainly.com

Looking for something else?

Not the answer you are looking for? Search for more explanations.

## More answers

Looking for something else?

Not the answer you are looking for? Search for more explanations.