Ariel S.

asked • 09/04/14

1.3 Supply and Demand

The market price for a certain product is $5.00 per unit and occurs when 14,000 units are produced. At a price of $1, no units are manufactured and, at a price of $19.00, no units will be purchased. Find the supply and demand equations, assuming they are linear.

2 Answers By Expert Tutors


Lenny D. answered • 07/29/19

4.8 (563)

Former professor at Tufts University with decades on Wall Street

Oliver C. answered • 09/15/14

New to Wyzant

Math, English Grammar and Reading using Phonics (dyslexia)

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