The demand equation for kitchen ovens is given by the equation
d(q) = β338q + 4,634
wher...
Mathematics, 14.09.2019 06:30 noneofurbznessp2yc11
The demand equation for kitchen ovens is given by the equation
d(q) = β338q + 4,634
where d(q) is the price in dollars and q is the number of kitchen ovens demanded per week. the supply equation for kitchen ovens is
s(q) = 400q^2 + 20
where q is the quantity the supplier will make available per week in the market when the price is p dollars. find the equilibrium point (q, p) rounded to the nearest hundredth.
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