statistics
posted by Sean .
20. Supply and Demand Let the supply and demand functions
for butter pecan ice cream be given by
p=s (q) = 2/5q and p= d (q) = 100 – 2/5 q
where p is the price in dollars and q is the number of 10
gallon tubs.
a. Graph these on the same axes.
b. Find the equilibrium quantity and the equilibrium
price.
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