Equilibrium Price: Skateboards The demand for your hand-made skateboards, in weekly sales, is q = −3p + 800 if the selling price is $p. You are prepared to supply q = 2p − 500 per week at the price $p. What price should you sell your skateboards for so that there is neither a shortage nor a surplus? $ per skateboard
Equilibrium Price: Skateboards The demand for your hand-made skateboards, in weekly sales, is q = −3p + 800 if the selling price is $p. You are prepared to supply q = 2p − 500 per week at the price $p. What price should you sell your skateboards for so that there is neither a shortage nor a surplus? $ per skateboard
Chapter6: Systems Of Equations And Inequalities
Section6.2: Two-variable Linear Systems
Problem 9ECP
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Equilibrium Price: Skateboards The demand for your hand-made skateboards, in weekly sales, is
q = −3p + 800
if the selling price is $p. You are prepared to supply
q = 2p − 500
per week at the price $p. What price should you sell your skateboards for so that there is neither a shortage nor a surplus?$ per skateboard
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