Question

The quantity demanded of a Samsung QLED 4K 55 inch tv is 3000 when the unit...

The quantity demanded of a Samsung QLED 4K 55 inch tv is 3000 when the unit price is $485.

The quantity demanded of the tv is 3250 when the unit price is $465.

The supplier will not market any DVD players if the unit price is $300. But at a unit price of $535, they are willing to make available 2750 units in the market.

Both the demand and supply equations are known to be linear.

Find the equilibrium quantity and price.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions