Solution: Let the supply and demand for sugar be given by supply: p=1.4 q-.6 and demand: p=-2 q+3.2, where p is in dollars. Graph these on the same axes.
Question: Let the supply and demand for sugar be given by supply: \(p=1.4 q-.6\) and
demand: \(p=-2 q+3.2\), where \(p\) is in dollars.
- Graph these on the same axes.
- Find the equilibrium quantity.
- Find the equilibrium price.
- On what interval does supply exceed demand?
Deliverable: Word Document 
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