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Mathematics, 25.06.2021 07:30 craig4509

D(p) is the​ price, in dollars per​ unit, that consumers are willing to pay for p units of an​ item, and​ S(p) is the​ price, in dollars per​ unit, that producers are willing to accept for p units. Find the equilibrium point. ​D(p)=3500−20p​, ​S(p)=2500+5p What are the coordinates of the equilibrium​ point?

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D(p) is the​ price, in dollars per​ unit, that consumers are willing to pay for p units of an​ item,...
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