A baker supplies 16 croissants at a price of 1.70 each, if she's offered 1.50 for each croissant she will supply 4 fewer croissants to the cafe. cafe demand: p= -0.58x +7.2 where x is the number of croissants demanded and p is the price of croissants. Find the equilibrium point.

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter4: Systems Of Linear Equations
Section4.3: Solve Mixture Applications With Systems Of Equations
Problem 158E: The manufacturer of an energy drink spends $1.20 to make each drink and sells them for $2. The...
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A baker supplies 16 croissants at a price of 1.70 each, if she's offered 1.50 for each croissant she will supply 4 fewer croissants to the cafe. cafe demand: p= -0.58x +7.2 where x is the number of croissants demanded and p is the price of croissants. Find the equilibrium point.

 

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