Quantity demanded each month of certain brand


The quantity demanded each month of certain brand of a two-way radio is 250 when the unit price is $110. The suppliers will market 750 two-way radios if the unit price is $60 or lower. At a unit price of $80, they are willing to make available 2250 units in the market. Both the demand and supply equations are known to be linear.

Find the equilibrium quantity and the equilibrium price.

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Mathematics: Quantity demanded each month of certain brand
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