Question:

Suppose that the supply and demand equations for printed

Last updated: 7/18/2022

Suppose that the supply and demand equations for printed

Suppose that the supply and demand equations for printed T-shirts for a particular week are given as follows, where p is the price in dollars and q is the quantity in hundreds. p = 0.9q + 1 Price-supply equation p= -1.9q + 18 Price-demand equation Answer parts (A) through (D) below. (A) Find the supply and demand (to the nearest unit) if T-shirts are $5 each. To use the price-supply and price-demand equations to find the requested quantities, substitute $5 for The number of units supplied or demanded will be given by The supply when T-shirts are $5 is units. (Round to the nearest whole number as needed.)