Mathematics, 20.09.2020 04:01 adamlane023
Two points (p, q) on a linear supply function are ($2.55, 98,000) and ($6, 195,500).
⦁Determine the supply function q = f(p).
⦁What price would result in supplier offering 145,000 units for sale?
⦁Interpret the slope of the function.
⦁Determine the p intercept.
⦁Sketch f(p)
Answers: 1
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Two points (p, q) on a linear supply function are ($2.55, 98,000) and ($6, 195,500).
⦁Determine the...
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