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The Demand and Supply Functions for Your College Newspaper Are q=11,000p+4,000q = - 11,000 p + 4,000

Question 106

Short Answer

The demand and supply functions for your college newspaper are, respectively, q=11,000p+4,000q = - 11,000 p + 4,000 and q=4,000p+400q = 4,000 p + 400 , where p is the price in dollars. At what price should the newspapers be sold so that there is neither a surplus nor a shortage of papers

__________ cents per paper

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