Supply and Demand. The number of wrenches that will be produced at a given price can be

Chapter 9, Problem 9.5.111

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Supply and Demand. The number of wrenches that will be produced at a given price can be predicted by the formula s 25x , where s is the supply (in thousands) and is the price (in dollars). The demand for wrenches can be predicted by the formula d 2100 3x2x. Find the equilibrium pricethat is, find the price at which supply will equal demand.

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