Mathematics, 07.04.2020 20:08 sarrivera579
When the price of a product is p dollars each, suppose that a manufacturer will supply 2p-12 units of the product to the market and that consumers will demand to buy 270-4p units. At the value of p for which supply equals demand, the market is said to be in equilibrium. Find this value of p.
Answers: 1
units of the product to the market and that consumers will demand to buy 
units. We are asked to find the equilibrium.
 
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When the price of a product is p dollars each, suppose that a manufacturer will supply 2p-12 units o...
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