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I need assistance with this assignment to add it in my notes 3. H2 Points] DIE Submissions Used I MY NOTES Wilderness Fanatic, a manufacturer
I need assistance with this assignment to add it in my notes
3. H2 Points] DIE Submissions Used I MY NOTES Wilderness Fanatic, a manufacturer of outdoor goods, is willing to supply 1000 of its Blue Thrash tandem kayaks when the price per kayak is set at $340. If the price per kayak is reduced by $75, Wilderness Fanatic will supply 625 fawer kayaks. (a) Determine the supply equation for this product. assuming price. p, and quantity, x, are linearly related. p = (b) Determine the price per kayak when Wilderness Fanatic is willing to supply 1090 units. s: [:l per 9. [on Points] PREVIOUS ANSWERS TANFINB 1.4.023. 316 Submissions Used I MY NOTES The quantity demanded each month of Russo Espresso Makers is 250 when the unit prioe is $136. The quantity demanded each month Is 1000 when the unit price is $106. The suppliers will market 750 espresso makers when the unit price is $76 or higher. At a unit price of $96, they are willing to market 2250 units. Both the supply and demand equations are known to be linear. (3) Find the demand equation. p: (b) Find the supplyr equation. p: (c) Find me equilibrium quantity and the equilibrium price. $Step by Step Solution
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