Question: Solve the problem using a system of equations. Let the supply and demand equations for units of backpacks be (a) Graph these equations on the

Solve the problem using a system of equations.

Let the supply and demand equations for units of backpacks be3 3 49. supply: p =9 and demand: p = 81 – 7q. 2°


(a) Graph these equations on the same axes.

(b) Find the equilibrium demand.

(c) Find the equilibrium price.

3 3 49. supply: p =9 and demand: p = 81 7q. 2

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pq 1 p819 2 a 81 54 36 54 p8129 OT 36 b To find the equilibrium d... View full answer

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