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Sep 14th, 2004, 01:15 PM
#1
Thread Starter
Addicted Member
can someon help!
For a certain commodity, the demand equation is given by D= -5p + 5=. At a price of $1, twelve units of the commodity are supplied. If the supply equation is linear and the market price is $4, find the supply equation.
Answer:
For this one I think the formla is :
s= ap+b where p if the varialbe, price, and a,b are constants
Can someone help!
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