A Candy Company in West Kentucky is trying to decide what price to put on their King

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A Candy Company in West Kentucky is trying to decide what price to put on their King Size chocolate bar. Let D be the number of chocolate bars demanded at price P. Let S be the number of chocolate bars that the company is willing to supply to West Kentucky at price P. The demand equation as a function of price is D 2.2-P .0000025 and the supply equation is S P 0000158 What is the market clearing price P (the price where supply equals demand)? The answer is a number without the $ sign. Answer to within one decimal place

Posted Date: Jul 12, 2024 09:39 AM

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A Candy Company in West Kentucky is trying to decide what price to put on their King

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