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Algebra
Pregunta

(2) The demand and supply functions for your colle...

(2) The demand and supply functions for your college newspaper are listed in order below: 

\( q = - 14,000 p + 5,000 \) \(q = 4,000 p + 500\)

 Here p is the price in dollars, and \( q \) represents the quantity of papers that consumers will buy, or that the paper can produce. At what equilibrium price should the newspapers be sold so that there is neither a surplus nor a shortage of papers? 

Answer

$0.25

Solución
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