Solve the problem.Let the demand and supply functions be represented by D(p) and S(p), where p is the price in dollars. Find the equilibrium price and equilibrium quantity for the given functions.D(p) = 124,160 - 280pS(p) = 690p
A. $410; 9360
B. $179; 74,040
C. $128; 88,320
D. $410; 88,320
Answer: C
You might also like to view...
Write the expression in lowest terms.
A.
B.
C.
D.
Which of the following statements concerning vision IS CORRECT?
A. Visions can vary greatly across firms B. Visions are remarkably constant across all firms C. Visions are remarkably constant across firms in the same industry D. None of these
Complete the factoring formula.
?
What will be an ideal response?
Solve the problem.The position of an object moving in a straight line is given by s = 2t2 - 3t, where s is in meters and t is the time in seconds the object has been in motion. How long (to the nearest tenth) will it take the object to move 20 meters?
A. 3.8 sec B. 21.0 sec C. 4.0 sec D. 74.0 sec