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.

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