SOLUTION: The demand for your hand-made skateboards, in weekly sales, is
q = −2p + 800
if the selling price is $p. You are prepared to supply
q = 3p − 500
per week at the p
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-> SOLUTION: The demand for your hand-made skateboards, in weekly sales, is
q = −2p + 800
if the selling price is $p. You are prepared to supply
q = 3p − 500
per week at the p
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Question 1066792: The demand for your hand-made skateboards, in weekly sales, is
q = −2p + 800
if the selling price is $p. You are prepared to supply
q = 3p − 500
per week at the price $p. What price should you sell your skateboards for so that there is neither a shortage nor a surplus?
$ per skateboard Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! Let these two equal each other
-2p+800=3p-500
5p=1300
p=$260.
At that price, demand is 280 and supply is 280.