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Question 19 5 pts The management of the Titan Tire Company has determined that the quantity Ex} demanded of the Super Titan tires per week
Question 19 5 pts The management of the Titan Tire Company has determined that the quantity Ex} demanded of the Super Titan tires per week is related to the unit price by the relation Dix] = 144 - X\":. The company will make it units available in the market according to the relation Six} = 48 +{1I2lx'll {Note: a "unit" is a "Super Titan tire."} Which of the following is a TRUE statement? {21 It is impossible to determine the Equilibrium lQuantity and the Equilibrium Price with the given information. Q The Equilibrium lQuantity is 80 units. and Equilibrium Price is $3 per unit. If} The equation oi the horizontal line that passes through the Equilibrium Point is v = B. {in The Equilibrium Quantity is 8 units. and Equilibrium Price is $843 per unit
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