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For the supply equation below, x is the quantity supplied in units of 1000 and p is the unit price in dollars. p =1/2x + 40; p = 49   b) Determine the number of units of the commodity the supplier will make available in the market at the given unit price. thousand units

For the supply equation below, x is the quantity supplied in units of 1000 and p is the unit price in dollars. p =1/2x + 40; p = 49   b) Determine the number of units of the commodity the supplier will make available in the market at the given unit price. thousand units

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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For the supply equation below, x is the quantity supplied in units of 1000 and p is the unit price in dollars.

p =1/2x + 40; p = 49
 
b) Determine the number of units of the commodity the supplier will make available in the market at the given unit price.
thousand units
 
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