Mathematics, 23.12.2021 07:00 straightbarz5916
Assume that the demand curve D(p) given below is the market demand for widgets:
Q=D(p)=778−9p, p > 0
Let the market supply of widgets be given by:
Q=S(p)=−4+8p, p > 0
where p is the price and Q is the quantity. The functions D(p) and S(p) give the number of widgets demanded and supplied at a given price.
What is the equilibrium price?
What is the equilibrium quantity?
What is the total revenue at equilibrium?
Answers: 2
Answer from: Quest
true
step-by-step explanation:
Answer from: Quest
europa2433
europa2433
step-by-step explanation:
Answer from: Quest
i can you with this sweetie!
step-by-step explanation:
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Assume that the demand curve D(p) given below is the market demand for widgets:
Q=D(p)=778−9p, p &...
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