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Suppose That a Manufacturer Will Place 1000 Units of a Product

Question 100

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Suppose that a manufacturer will place 1000 units of a product on the market when the price is $10 per unit,and 1400 units when the price is $12 per unit.Find the supply equation for the product assuming the price p and quantity q are linearly related.

Correct Answer:

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p = blured image_TB657...

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