they are marked at

$(1)/()

chia, and 50 each week if they are marked at

$2

per chia.\ (a) Write down the associated linear demand and supply functions.\ demand function

q(p)=

\ supply function

q(p)=

\ (b) At what price should the chias be marked so that there is nelther a surplus nor a shortage of chias? HINT [See Example 4.]

You can sell 120 pet chias per week if they are marked at $1 each, but only 60 each week if they are marked at $2/ chia. Your chia supplier is prepared to sell you 10 chias each week if they are marked at $1/ chia, and 50 each week if they are marked at $2 per chia. (a) Write down the associated linear demand and supply functions. demand function q(p)= supply function q(p)= (b) At what price should the chias be marked so that there is nelther a surplus nor a shortage of chias? HINT [See Example 4.] You can sell 120 pet chias per week if they are marked at $1 each, but only 60 each week if they are marked at $2/ chia. Your chia supplier is prepared to sell you 10 chias each week if they are marked at $1/ chia, and 50 each week if they are marked at $2 per chia. (a) Write down the associated linear demand and supply functions. demand function q(p)= supply function q(p)= (b) At what price should the chias be marked so that there is nelther a surplus nor a shortage of chias? HINT [See Example 4.]