Consider the following four equations. p = .01q - 5 p = .005q + .5 p =
Question:
p = .01q - 5
p = .005q + .5
p = - .01q - 10
p = - .01q + 5
One is the equation of a supply curve, and another is the equation of a demand curve. Identify the two equations, and then find the intersection point of those two curves.
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Supply curve is p 0005q 05 ...View the full answer
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Related Book For 
Finite Mathematics and Its Applications
ISBN: 978-0134768632
12th edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
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