Question:

Economists speak of equilibrium, where the demand exactly

Last updated: 7/12/2022

Economists speak of equilibrium, where the demand exactly

Economists speak of equilibrium, where the demand exactly equals the supply. Your store supplies ear plugs with 1000 ear plugs per box (or per unit). You know from historical data that your demand per unit can be written as d(x)=x+6 Likewise your supply can be written as s(x) = 3x-4 How many units would your store produce at equilibrium?