Mathematics, 22.06.2019 20:00, barloase5747

Aretail chain will buy 900 cordless phones if the price is $40 each and 700 if the price is $60. a wholesaler will supply 550 phones at $30 each and 1250 at $50 each. assuming that the supply and demand functions are linear, find the market equilibrium point and explain what it means.

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Aretail chain will buy 900 cordless phones if the price is $40 each and 700 if the price is $60. a w...