Fish K.

asked • 04/12/22

please answer immediately. it will help me. the question is below in the description part

The supply function and demand function for the sale of a certain type of DVD player are given by S(p)= 150e^0.004p and D(p)=e^-0.002p, where S(p) is the number of DVD players that the company is willing to sell at price p and D(p) is the quantity that the public is willing to buy at price p. Find p such that D(p)=S(p). This is called the equilibrium price.

1 Expert Answer

By:

Raymond B. answered • 04/14/22

Tutor
5 (2)

Math, microeconomics or criminal justice

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.