equilibrium point for the market.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter6: Systems Of Equations And Inequalities
Section6.2: Two-variable Linear Systems
Problem 9ECP
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A group of retailers will buy 92 televisions from a wholesaler if the price is $400 and 132 if the price is $350. The wholesaler is willing to supply 56 if the price is $350 and 136 if the price is $440. Assuming that the resulting supply and demand functions are linear, find the equilibrium point for the market.

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