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Supply & Demand In supply (and demand} problems, '9 is the number of items the supplier will produce (or the public will buy) if the
Supply & Demand In supply (and demand} problems, '9 is the number of items the supplier will produce (or the public will buy) if the price of the item is 2:. For a particular product, the supply equation is y = 92: | 208 and the demand equation is y: :1:+553 What is the intersection point of these two lines? D Enter answer as an ordered pair (don't forget the parentheses}. What is the selling price when supply and demand are in equilibrium? price = 5:]! item What is the amount of items in the market when supply and demand are in equilibrium? number of items = C]
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