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    Exam 4: Lines parabolas and Systems
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    Suppose That Consumers Will Demand 800 Units of a Product
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Suppose That Consumers Will Demand 800 Units of a Product

Question 94

Question 94

Essay

Suppose that consumers will demand 800 units of a product when the price is $10 per unit,and 1000 units when the price is $8 per unit.Find the demand equation for the product assuming that price p and quantity q are linearly related.

Correct Answer:

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p = - blured image_TB6...

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