The supply and demand for a video-game system are related to price by the equations y =

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The supply and demand for a video-game system are related to price by the equations
y = 70 + 2x,
y = 175 - 5x,
Respectively, where y is the price, in dollars, and x is the number of units, in thousands. Find the equilibrium point for this product.

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College Algebra Graphs and Models

ISBN: 978-0321845405

5th edition

Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna

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Question Posted: Apr 12, 2016 09:53 AM

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The supply and demand for a video-game system are related to price by the equations y =

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Familiarize and Translate We use the system of equations given in the problem y 70 2x 1 y 1 75 5...View the full answer

College Algebra Graphs and Models

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