The demand for a product varies from 100,000 units at $130 per unit to 250,000 at $40 per unit. Also, 150,000 could be supplied at $30 per unit, whereas only 250,000 could be supplied for $110 each. Find the equilibrium point for the system (p, n).

What will be an ideal response?


(70, 200,000)

Mathematics

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