A group of retailers will buy 84 televisions from a wholesaler if the price is $475 and 124 if the price is $425. The wholesaler is willing to supply 76 if the price is $390 and 156 if the price is $480. Assume that the resulting supply and demand functions are linear. Let p represent price (in dollars) and a represent quantity. State the two ordered pairs for the demand function in the form (9, p). List your answers from least a to greatest q. (9, p) = 84,475 (9, p) = 124,425 Write the demand function in terms of q. p = 2320 X State the two ordered pairs for the supply function in the form (9, p). List your answers from least a to greatest q. (9, p) = 76,390 (9, p) = 156,480 Write the supply function in terms of q. p = 90 80 x Find the equilibrium point for the market in the form (q, p). (9, p) = Need Help? Read It