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Mathematics 1
Mathematics 1 Deneme Sınavı
Mathematics 1 Deneme Sınavı Sorusu #1357137
Mathematics 1 Deneme Sınavı Sorusu #1357137
A company produces a certain item whose demand function is
and supply function is
For what values of x is there a market surplus?
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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 surplus in the market, to the right of this point the correct answer is
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