The supply function for a product is 2p - q - 10 = 0, while the demand

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The supply function for a product is 2p - q - 10 = 0, while the demand function for the same product is (p + 10)(q + 30) = 7200. Find the market equilibrium point?

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 04:45 AM

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The supply function for a product is 2p - q - 10 = 0, while the demand

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2p q 10 0 p 10q 30 7200 So ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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