Suppose the supply-demand equations for a logo sweatshirt in a particular week are p-55-0.10q for demand and p-0.20q+25, for supply. Find the equilibrium price and quantity. 1.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
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Chapter9: Quadratic Functions And Equations
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Suppose the supply-demand equations for a logo sweatshirt in a particular week are p-55-0.10q
for demand and p-0.20q+25, for supply. Find the equilibrium price and quantity.
1.
Transcribed Image Text:Suppose the supply-demand equations for a logo sweatshirt in a particular week are p-55-0.10q for demand and p-0.20q+25, for supply. Find the equilibrium price and quantity. 1.
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