MY NOTESEquilibrium 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 tosupply 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?$4per skateboard

Answered: MY NOTES Equilibrium Price: Skateboards…

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter9: Systems Of Equations And Inequalities

Section9.4: Linear Programming

Problem 24E

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When hired at a new job selling electronics, you aregiven two pay options: • Option A: Base salary of $20,000 a year with acommission of 12% ofyour sales • Option B: Base salary of $26,000 a year with acommission of 3% of your sales How much electronics would you need to sell foroption A to produce a larger income?
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