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The quantity demanded each month of russo Espresso Makers is 250 when the unit price is $140; the quantity demanded each month...Asked by rich
The quantity demanded each month of Russo Espresso Makers is 250 when the unit price is $136. The quantity demanded each month is 1000 when the unit price is $106. The suppliers will market 750 espresso makers when the unit price is $72 or higher. At a unit price of $92, they are willing to market 2250 units. Both the supply and demand equations are known to be linear. Find the equilibrium quantity and the equilibrium price.
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Answered by
ryan
r+e3
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