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April 18, 2014

Homework Help: Math

Posted by Emily on Tuesday, September 11, 2012 at 3:49pm.

The quantity demanded each month of Russo Expresso Makers is 250 when the unit price is $136.oo. The quantity demanded each month is 1,2oo when the unit price is $98.00. The suppliers will market 700 espresso makers if the unit price is $58.00 or lower. At a unit price of $74.50, they are willing to make available 2,350 units in the market. Both the demand and supply equations are known to be linear. find the equilibrium quantity and the equilibrium price.

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