Multiple Choice
The number x of picture cell phones a manufacturer is willing to sell at price p is given by where p is the price, in dollars, per picture cell phone. The number x of picture cell phones a distributor is willing to purchase is given by
where p is the price, in dollars, per picture cell phone. Find the equilibrium price.
A)
B)
C)
D)
E)
Correct Answer:

Verified
Correct Answer:
Verified
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