Suppose the market was made up of two demanders. demander 1 has a demand function given by: qd = 50 - 5p. demander 2 has a demand function given by: qd = 100 - 5p. the horizontal summation of these two demand functions will, when graphed, have a kink (point where the slope changes). determine the price associated with the kink in the total demand function. (do not include a dollar sign in your response. round to the nearest 2 decimal places if necessary.)

Do it! review 16-3 the assembly department for right pens has the following production data for the current month. beginning work in process units transferred out ending work in process 0 22,500 16,000 materials are entered at the beginning of the process. the ending work in process units are 70% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs. materials conversion costs the equivalent units of production