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When the price of a product is p dollars each, suppose that a manufacturer will supply 2p15 units of the product to the market and
When the price of a product is p dollars each, suppose that a manufacturer will supply
2p15
units of the product to the market and that consumers will demand to buy
2103p
units. At the value of p for which supply equals demand, the market is said to be in equilibrium. Find this value of p.
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