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A Shoe Store Owner Will Buy 10 Pairs of a Certain

Question 78

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A shoe store owner will buy 10 pairs of a certain shoe if the price is $75 per pair and 30 pairs if the price is $25. The supplier of the shoes is willing to provide 40 pairs if the price is $90 per pair but only 5 pairs if the price is $20. Assuming the supply and demand functions for the shoes are linear, find the market equilibrium point A shoe store owner will buy 10 pairs of a certain shoe if the price is $75 per pair and 30 pairs if the price is $25. The supplier of the shoes is willing to provide 40 pairs if the price is $90 per pair but only 5 pairs if the price is $20. Assuming the supply and demand functions for the shoes are linear, find the market equilibrium point   . ​ A)  market equilibrium point:   B)  market equilibrium point:   C)  market equilibrium point:   D)  market equilibrium point:   E)  market equilibrium point:  . ​


A) market equilibrium point: A shoe store owner will buy 10 pairs of a certain shoe if the price is $75 per pair and 30 pairs if the price is $25. The supplier of the shoes is willing to provide 40 pairs if the price is $90 per pair but only 5 pairs if the price is $20. Assuming the supply and demand functions for the shoes are linear, find the market equilibrium point   . ​ A)  market equilibrium point:   B)  market equilibrium point:   C)  market equilibrium point:   D)  market equilibrium point:   E)  market equilibrium point:
B) market equilibrium point: A shoe store owner will buy 10 pairs of a certain shoe if the price is $75 per pair and 30 pairs if the price is $25. The supplier of the shoes is willing to provide 40 pairs if the price is $90 per pair but only 5 pairs if the price is $20. Assuming the supply and demand functions for the shoes are linear, find the market equilibrium point   . ​ A)  market equilibrium point:   B)  market equilibrium point:   C)  market equilibrium point:   D)  market equilibrium point:   E)  market equilibrium point:
C) market equilibrium point: A shoe store owner will buy 10 pairs of a certain shoe if the price is $75 per pair and 30 pairs if the price is $25. The supplier of the shoes is willing to provide 40 pairs if the price is $90 per pair but only 5 pairs if the price is $20. Assuming the supply and demand functions for the shoes are linear, find the market equilibrium point   . ​ A)  market equilibrium point:   B)  market equilibrium point:   C)  market equilibrium point:   D)  market equilibrium point:   E)  market equilibrium point:
D) market equilibrium point: A shoe store owner will buy 10 pairs of a certain shoe if the price is $75 per pair and 30 pairs if the price is $25. The supplier of the shoes is willing to provide 40 pairs if the price is $90 per pair but only 5 pairs if the price is $20. Assuming the supply and demand functions for the shoes are linear, find the market equilibrium point   . ​ A)  market equilibrium point:   B)  market equilibrium point:   C)  market equilibrium point:   D)  market equilibrium point:   E)  market equilibrium point:
E) market equilibrium point: A shoe store owner will buy 10 pairs of a certain shoe if the price is $75 per pair and 30 pairs if the price is $25. The supplier of the shoes is willing to provide 40 pairs if the price is $90 per pair but only 5 pairs if the price is $20. Assuming the supply and demand functions for the shoes are linear, find the market equilibrium point   . ​ A)  market equilibrium point:   B)  market equilibrium point:   C)  market equilibrium point:   D)  market equilibrium point:   E)  market equilibrium point:

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