Stutz Department Store will buy 10 pairs of sunglasses if the price is $89 per pair and 30 pairs if the price is $39. The supplier of the sunglasses is willing to provide 35 pairs if the price is $94 per pair but only 5 pairs if the price is $34, Assuming that the supply and demand functions for the sunglasses are linear, find the market equilibrlum point.

Stutz Department Store will buy 10 pairs of sunglasses if the price is $89 per pair and 30 pairs if the price is $39. The supplier of the sunglasses is willing to provide 35 pairs if the price is $94 per pair but only 5 pairs if the price is $34, Assuming that the supply and demand functions for the sunglasses are linear, find the market equilibrlum point.

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter6: Linear Systems

Section6.8: Linear Programming

Problem 3SC: In Example 3, if the accountant earns a profit of 100 on each individual return and a profit of 175...

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