Mathematics, 30.01.2020 06:59, starfox5454

The market equilibrium point for a product is reached when 12000 units are produced and sold at $27 per unit. the manufacturer will not produce any units at the price of $6, and the customers will not buy any at the price of $69. find the supply and demand equations, assuming they are linear.
the equations should express price p in terms of quantity q.

supply equation: p=
demand equation: p=

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 16:20, tmantooth7018

The lengths of nails produced in a factory are normally distributed with a mean of 4.91 centimeters and a standard deviation of 0.05 centimeters. find the two lengths that separate the top 4% and the bottom 4%. these lengths could serve as limits used to identify which nails should be rejected. round your answer to the nearest hundredth, if necessary.

Answers: 3

continue

Mathematics, 21.06.2019 18:10, paaoolav

Find the value of p for which the polynomial 3x^3 -x^2 + px +1 is exactly divisible by x-1, hence factorise the polynomial

Answers: 2

continue

Mathematics, 21.06.2019 21:00, feyundre52

Hurry if the population of of an ant hill doubles every 10 days and there are currently 100 ants living in the ant hill what will the ant population be in 20 days

Answers: 2

continue

Mathematics, 22.06.2019 00:00, valenciadewalt25

As a salesperson you get $50/day and $3.60/each sales you make. if you want to make $60 in one day, how many sales would you need need to make ? a 3b 4c 5d 6 show work.

Answers: 1

continue

Do you know the correct answer?

The market equilibrium point for a product is reached when 12000 units are produced and sold at $27...