Question: how do we derive the equations for demand and supply with the given information? Supply Dluctoour Speakcity produced in South Africa. Use the data contained

how do we derive the equations for demand and supply with the given information?

Supply Dluctoour Speakcity produced in South Africa. Use the data contained in the table to answer all the questions that follow. Price Demand Supply 100 8000 0 150 7250 600 200 6500 1200 250 5750 1800 300 5000 2400 350 4250 3000 400 3500 3600 450 2750 4200 500 2000 4800 1. Given the information in the above table, what are the demand and supply equations for the bluetooth speaker market (your answer should include two equations: Q = a + bP and Q = c - dP, where a and c are the intercept values, and b and d are the

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