SAMPLE PROBLEMS FOR EXAM I - MATH 114- FALL 2018Market research found that customen will buy 5000 gimns in a wetk if their wholesule price is 0. If the wholesale price of a glame is $24, conomers will hey them at a rate of 1000 a week. In order to get a supply of $500 girmos a week to market, suppliers naut be paid $10 for each girme. Is onfer to bring 4000 to market, supplies mast be paid $17 for each.1.- If we asume linear inodely for book upply ust demand. Steach the paphs of the mpty furtion and the denaud fasction and thereby find the equilitrian point graphically.b. Find the equilivian quantity and stolesale price alpetraisally.