A market is exposed to changes in the sales of an item depending on the demand and supply functions where S-a + bp + qsinßt where 8 a, b, c, d, q are positive seconds. Write a mathematical model showing the behavior of the commodity (p (t) that depends on the rate of market change on the difference between demand D and supply S and analyze the behavior of the commodity market with increasing time) D - c - dp

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.7: More On Inequalities
Problem 44E
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A market is exposed to changes in
the sales of an item depending on
the demand and supply functions
where S-a + bp + qsinßt where 8 a,
b, c, d, q are positive seconds. Write
a mathematical model showing the
behavior of the commodity (p (t) that
depends on the rate of market change
on the difference between demand
D and supply S and analyze the
behavior of the commodity market with
increasing time) D - c - dp
Transcribed Image Text:A market is exposed to changes in the sales of an item depending on the demand and supply functions where S-a + bp + qsinßt where 8 a, b, c, d, q are positive seconds. Write a mathematical model showing the behavior of the commodity (p (t) that depends on the rate of market change on the difference between demand D and supply S and analyze the behavior of the commodity market with increasing time) D - c - dp
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