Mary sells bottles of lemonade. The demand function for her lemonade is given by D(q)=100−1.5q, and the supply function is S(q)=0.75q, where q is the quantity of bottles produced. What is price paid by the consumer when q=20?
Mary sells bottles of lemonade. The demand function for her lemonade is given by D(q)=100−1.5q, and the supply function is S(q)=0.75q, where q is the quantity of bottles produced. What is price paid by the consumer when q=20?
Chapter4: Linear Functions
Section4.2: Modeling With Linear Functions
Problem 25SE: For the following exercises, consider this scenario: The number of people afflicted with the common...
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Mary sells bottles of lemonade. The demand function for her lemonade is given by
D(q)=100−1.5q,
and the supply function is
S(q)=0.75q,
where q is the quantity of bottles produced. What is price paid by the consumer when q=20?
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