Mathematics 2 Deneme Sınavı Sorusu #450939

In a certain market, demand function is given by

and supply function is

for a certain product. What is the equilibrium point?


(2,5)

(2,12)

(1,5)

(1,12)

(2,17)


Yanıt Açıklaması:

We would like to find the point

satisfying

Since

we have

We get

and hence

Therefore, the right answer is E.

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