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Find the equilibrium point of the demand and supply equations. Demand is p = 370 0.0003x Supply is p = 136 +0.0006x (x, p) =?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Find the equilibrium point of the demand and supply equations. Demand is p = 370 0.0003x Supply is p = 136 +0.0006x (x, p) =?

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