SOLUTION: Did I do this correctly,
D(p)= 2000-60p
S(p)=460+94p p is the price in dollars
a) find those values of p for which demand exceeds supply
2000-60P > 460 + 94p
2460 > 15
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-> SOLUTION: Did I do this correctly,
D(p)= 2000-60p
S(p)=460+94p p is the price in dollars
a) find those values of p for which demand exceeds supply
2000-60P > 460 + 94p
2460 > 15
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Question 412858: Did I do this correctly,
D(p)= 2000-60p
S(p)=460+94p p is the price in dollars
a) find those values of p for which demand exceeds supply
2000-60P > 460 + 94p
2460 > 154p
$15.97 > p
b) find those value of p for which demand is less than supply
2000-60P < 460 + 94p
2460 < 154p
p > $15.97 Answer by shree840(260) (Show Source):
