Mathematics, 24.09.2020 05:01 kimvigil4580

The supply curve for steel is 90x−y=−50. The demand curve is 10x+y=200.

x is quantity in thousands of metric tons

y is price in dollars per metric ton

What are the values for quantity and price at the intersection point of the two curves?

Answers: 2

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The supply curve for steel is 90x−y=−50. The demand curve is 10x+y=200.

x is quantity i...