When electric blenders are sold for p dollars apiece, manufacturers will supply P 2 /10 blenders to
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When electric blenders are sold for p dollars apiece, manufacturers will supply P2/10 blenders to local retailers, while the local demand will be 60 − p blenders. At what market price will the manufacturers’ supply of electric blenders be equal to the consumers’ demand for the blenders? How many blenders will be sold at this price?
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The supply is Sp p 2 10 and the demand is Dp 60 p Supply wil...View the full answer
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Related Book For 
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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