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Suppose that the quantity supplied S and quantity der
S(p) = - 250 + 60p
D(p) = 1100 - 75p
Find the equilibrium price for the TShirts at the concert


Sagot :

Answer: p = 10

Explanation:

-250 + 60p = 1100 - 75p
(60 + 75)p = 1100 + 250
135p = 1350
p = 10