If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p - 2q = 10, compare the quantity demanded and the quantity supplied when the price is $80 quantity demanded pairs of shoes pairs of shoes quantity supplied Will there be a surplus or shortfall at this price? O There will be a surplus. O There will be a shortfall.
If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p - 2q = 10, compare the quantity demanded and the quantity supplied when the price is $80 quantity demanded pairs of shoes pairs of shoes quantity supplied Will there be a surplus or shortfall at this price? O There will be a surplus. O There will be a shortfall.
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CT: Test
Problem 19CT
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