renbechtolt renbechtolt

14-09-2022
Mathematics

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A group of retailers will buy 80 televisions from a wholesaler if the price is $475 and 120 if the price is $425. The wholesaler is willing to supply 68 if the price is $395 and 148 if the price is $485. Assuming the resulting supply and demand functions are linear, find the equilibrium point for the market.

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