The Catalog Store has data indicating that, when the price of a CD bookcase is $138, the demand quantity is 56 and the supply quantity is 80. The equilibrium point occurs when the price is $120 and the quantity is 72. Find the linear demand equation p. (Let x be the demand quantity.) p = Find the linear supply equation p. (Let x be the supply quantity.) p =
The Catalog Store has data indicating that, when the price of a CD bookcase is $138, the demand quantity is 56 and the supply quantity is 80. The equilibrium point occurs when the price is $120 and the quantity is 72. Find the linear demand equation p. (Let x be the demand quantity.) p = Find the linear supply equation p. (Let x be the supply quantity.) p =
Chapter6: Systems Of Equations And Inequalities
Section6.2: Two-variable Linear Systems
Problem 9ECP
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Transcribed Image Text:The Catalog Store has data indicating that, when the price of a CD bookcase is $138, the demand quantity is 56 and the
supply quantity is 80. The equilibrium point occurs when the price is $120 and the quantity is 72. Find the linear demand
equation p. (Let x be the demand quantity.)
p =
Find the linear supply equation p. (Let x be the supply quantity.)
p =
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