TODOACKERMAN1225 TODOACKERMAN1225

22-10-2022
Mathematics

Answered

The demand for a certain product is given by p+3q=315, and the supply for this
product is given by p-7q = 65, where p is the price and q is the number of
products. Complete parts (a) and (b) below.
a. Find the price at which the quantity demanded equals the quantity supplied.
$
b. Find the equilibrium quantity.

Answer :

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