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Mathematics 1
Mathematics 1 Deneme Sınavı
Mathematics 1 Deneme Sınavı Sorusu #1357131
Mathematics 1 Deneme Sınavı Sorusu #1357131
A company has a new product and they predict their demand function for this product as a;
and supply function as a;
What is the market price for this product would be?
|
45 |
|
75 |
|
135 |
|
180 |
|
240 |
Yanıt Açıklaması:
The price of a product at the intersection point, provided that it is in the first quadrant, is called market price. Equate the supply and demand function giving;
x is found as 30. When we put it on the demand or supply equation, we find market price as 135.
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