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At a price of $26.75, producers will provide 8 items, while at a price of $32.25, they will provide 30 items. Consumers will purchase 85 of these items if the price is $90.5, but will purchase 133 items if the price decreases to $80.25. Find the market equilibrium point. (Enter your answers as a comma-separated list.) (x, y) =

At a price of $26.75, producers will provide 8 items, while at a price of $32.25, they will provide 30 items. Consumers will purchase 85 of these items if the price is $90.5, but will purchase 133 items if the price decreases to $80.25. Find the market equilibrium point. (Enter your answers as a comma-separated list.) (x, y) =

College Algebra
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
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At a price of $26.75, producers will provide 8 items, while at a price of $32.25, they will provide 30 items. Consumers will purchase 85 of these items if the price is $90.5, but will purchase 133 items if the price decreases to $80.25. Find the market equilibrium point. (Enter your answers as a comma-separated list.) (x, y) =
Transcribed Image Text:At a price of $26.75, producers will provide 8 items, while at a price of $32.25, they will provide 30 items. Consumers will purchase 85 of these items if the price is $90.5, but will purchase 133 items if the price decreases to $80.25. Find the market equilibrium point. (Enter your answers as a comma-separated list.) (x, y) =
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