If the demand equation for an item is D(x) = -5.0x + 80 and a supplier is willing to supply 10 items at $300 per item, or 50 items at $1900 per item, find the equilibrium quantity, assuming linear supply and demand models.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.3: Lines
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QUESTION 4
If the demand equation for an item is D(x) = -5.0x + 80 and a supplier is willing to supply 10 items at $300 per item, or 50 items at $1900 per item, find the equilibrium
quantity, assuming linear supply and demand models.
%3D
Transcribed Image Text:QUESTION 4 If the demand equation for an item is D(x) = -5.0x + 80 and a supplier is willing to supply 10 items at $300 per item, or 50 items at $1900 per item, find the equilibrium quantity, assuming linear supply and demand models. %3D
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