``Economic Equilibrium: Simple Linear Models,'' by Philip M. Tuchinsky, UMAP 208.In this module linear supply and demand

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``Economic Equilibrium: Simple Linear Models,'' by Philip M. Tuchinsky, UMAP 208.In this module linear supply and demand functions are constructed, and the equilibrium market position is analyzed for an industry producing one product. The result is then extended to n products. The author concludes by briefly considering nonlinear and discontinuous functions.

For Projects 1-4, complete the requirements in the referenced UMAP module (see enclosed CD) and prepare a short summary for classroom discussion.

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A First Course In Mathematical Modeling

ISBN: 9781285050904

5th Edition

Authors: Frank R. Giordano, William P. Fox, Steven B. Horton

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