Mathematics, 22.09.2020 15:01 arod20061
The demand for a certain company's e-reader can be approximated byq =720p− 1 million units per year (60 ≤ p ≤ 400),where p is the price charged by the company. Assume that the company is prepared to supplyq = 0.018p − 1 million units per year (60 ≤ p ≤ 400)at a price of $p per unit. Calculate the equilibrium price and equilibrium demand. equilibrium price$equilibrium demand million e-readers per year.
Answers: 3
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The demand for a certain company's e-reader can be approximated byq =720p− 1 million units per year...
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