Question
The demand for your hand-made skateboards, in weekly sales, isq=3p+600if the selling price is $p. You are prepared to supplyq=2p400per week at the price $p.
The demand for your hand-made skateboards, in weekly sales, isq=3p+600if the selling price is $p. You are prepared to supplyq=2p400per week at the price $p. What price should you sell your skateboards for so that there is neither a shortage nor a surplus?
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Making Hard Decisions with decision tools
Authors: Robert Clemen, Terence Reilly
3rd edition
538797576, 978-0538797573
