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A local store will buy 25 doorbell cameras from a supplier if the price is $ 50 each. If the price drops to $ 20
A local store will buy 25 doorbell cameras from a supplier if the price is $ 50 each. If the price drops to $ 20 , then the store will buy 30 . The supplier is willing to sell 66 doorbell cameras for the price of $ 41.50 each, but only 46 at a price of $ 36.50 each. Find the supply and demand functions and the market equilibrium point. Assume both the supply and demand are linear. Use integers, fractions or decimals to describe the slopes and p -intercepts. A) What is the equation for the demand? p = B) What is the equation for the supply? p = C) What is the market equilibrium point
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