(Solution Library) Supply and demand) A manufacturer of calculators finds that the supply and demand are given by S=750p+40,000 , D=-400p+132,000 , Find the equilibrium


Question: Supply and demand) A manufacturer of calculators finds that the supply and demand are given by

\[\begin{aligned} & S=750p+40,000 \\ & D=-400p+132,000 \\ \end{aligned}\]
  1. Find the equilibrium price.
  2. What is the number of calculators sold at this price?

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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