math

posted by .

supply and demand: for a certain commodity the supply equation is given by S=2p+5

at a price o $1, there is a demand for 19 units of the commodity. If the demand equation is linear and the market price is $3, find the demand equation

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. economics

    in the simple economics of a competitive market price increase under which condition: a)demand is constant.supply decline. b)demand decreases.supply increases. c)demand ans supply rise concomitantly.
  2. economics

    in the simple economics of a competitive market price increases under which condition: a) demand is constant. supply declines b) demand decreases. supply increases c) demand and supply rise concomitantly d) demand and supply decline …
  3. Calculus

    The supply and demand functions for a certain commodity are given by: supply: p=20+1.5x, and demand: p=40-x. Then producers' surplus and consumers' surplus is?
  4. Econ

    How does the aggregate goods and services market differ from the regular (microeconomic) supply and demand market?
  5. Math help

    Fimd the market price and demand for the pair of supply and demand equAtions: supply: Q=88p+653 Demand: q=1903- 37 p
  6. economics

    1. Suppose that the market of laptops is given by following supply and demand curves given below: Qd = 5000 − 3p Qs = 1000 + p. Answer the following questions on excel sheet using the above demand and supply equations. i) Take …
  7. MATH

    If the demand function for a commodity is given by equation p^2+12q=18 and the supply function is given by the equation 700-p^2+6q=0, find the equilibrium quantity and price
  8. calculus

    Cost of a Commodity. The price p, in dollars, of a certain commodity and the quantity x sold. Obey the demand equation. p= -1/5x+200
  9. Math -

    A)For a certain commodity the demand equation is given by D=-3p+20. At the price of $1, four units of the commodity are supplied.If the supply equation is linear and the market price is $4, find the supply equation. B) how many litres …
  10. Math

    For a certain commodity the supply equation is given by S=2p+5 At a price of $1,there is a demand for 19units of the commodity.If the demand equation is linear and the market price is $3,find the demand equation?

More Similar Questions