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Mathematics 1
Mathematics 1 Deneme Sınavı
Mathematics 1 Deneme Sınavı Sorusu #1357133
Mathematics 1 Deneme Sınavı Sorusu #1357133
A company produces a certain item whose demand function is
and supply function is
For what values of x is there a market shortage?
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Yanıt Açıklaması:
We first find the equilibrium point by equating the supply and demand functions. Therefore, the equality
gives
Since there will be a shortage in the market, to the left of this point the correct answer is
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