Business and Economics 27. Supply and Demand Suppose that the demand and price for a certain model of a youth wristwatch are related by p = D (q) = 15 i 1.251], where p is the price (in dollars) and q is the quantity demanded (in hundreds). Find the price at each level of demand. a. 0 watches b. 400 watches 0. 800 watches Find the quantity demanded for the watch at each price. $8 $10 $12 Graph p =16 1.25q. (9&9)??- Suppose the price and supply of the watch are related by p : S (Q) : 0.75:1, where p is the price (in dollars) and q is the quantity supplied (in hundreds) of watches. Find the quantity supplied at each price. h. $0 i. $10 j. $20 k. Graph p = 0.75q on the same axis used for part (9). |. Find the equilibrium quantity and the equilibrium price. 28. Supply and Demand Suppose that the demand and price for strawberries are related by p : DUI) : 5 0-259: where p is the price (in dollars) and q is the quantity demanded (in hundreds of quarts). Find the price at each level of demand. I. Find the equilibrium quantity and the equilibrium price. 28. Supply and Demand Suppose that the demand and price for strawberries are related by p = D(q) = 5 - 0.25q, where p is the price (in dollars) and q is the quantity demanded (in hundreds of quarts). Find the price at each level of demand. a. o quarts b. 400 quarts C. 840 quarts Find the quantity demanded for the strawberries at each price. d. $4.50 e. $3.25 f. $2.40 g. Graph p = 5 - 0.259. Activate Windows Go to Settings to activate Wings