Mathematics, 10.11.2020 07:10 mariahbugg7
The supply function and demand function for the sale of a certain type of DVD player are given by S(p)=130e0.004p and D(p)=416e−0.002p, where S(p) is the number of DVD players that the company is willing to sell at price p and D(p) is the quantity that the public is willing to buy at price p. Find p such that D(p)=S(p). This is called the equilibrium price.
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The supply function and demand function for the sale of a certain type of DVD player are given by S(...
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