This topic contains a solution. Click here to go to the answer

Author Question: Suppose that the quantity supplied S and quantity demanded D of baseball caps at a ... (Read 53 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
Solve the problem.

Suppose that the quantity supplied S and quantity demanded D of  baseball caps at a major league game are given by the functions S(p)  = 4830 - 100p and D(p) = 110p, where p is the price.  Find the equilibrium price for caps at the game. Then find the equilibrium quantity.
◦ $43, $530
◦ $10, $2530
◦ $10, $3830
◦ $23, $2530


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by CQXA on Feb 28, 2021

Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly




CQXA

  • Member
  • Posts: 546
Reply 2 on: Feb 28, 2021
Thanks for the timely response, appreciate it


juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

For a complete list of videos, visit our video library