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Suppose that supply and demand for a certain commodity are described by the supply curve, p=0.0002q +0.03, and demand curve, p -0.0024*65.15. Determine the quantity
Suppose that supply and demand for a certain commodity are described by the supply curve, p=0.0002q +0.03, and demand curve, p -0.0024*65.15. Determine the quantity of the commodity that will be produced and the selling price. The quantity of the commodity that will be produced is 32575
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Finite Mathematics and Its Applications
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
12th edition
978-0134768588, 9780134437767, 134768582, 134437764, 978-0134768632
