Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Connect with a community of experts ready to provide precise solutions to your questions quickly and accurately. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Suppose that the quantity supplied S and quantity der
S(p) = - 250 + 60p
D(p) = 1100 - 75p
Find the equilibrium price for the TShirts at the concert


Sagot :

Answer: p = 10

Explanation:

-250 + 60p = 1100 - 75p
(60 + 75)p = 1100 + 250
135p = 1350
p = 10