The demand for your hand-made skateboards, in weekly sales, is
q = −4p + 600
if the selling price is $p. You are prepared to supply
q = 6p − 400
per week at the price $p. What price should you sell your skateboards for so that there is neither a shortage nor a surplus?
1 answer
well, just set demand = supply and solve for p.
2 answers