At a price of 100 there is demand for 860 items and a supply of...

70.2K

Verified Solution

Question

Calculus

image

At a price of 100 there is demand for 860 items and a supply of 500 items At a price of 180 there is demand for 540 items and a supply of 900 items Assuming supply and demand are linear find the equilibrium price and quantity Equilibrium quantity Equilibrium price items

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students