Search let-demand-for-a-product-be-given-by-the-function-qd-p-and-supply-be-given-by-qs-p-suppose-the-price

Let demand for a product be given by the function qd p and supply be given by qs p suppose the price

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mand is 18,200 rolls. When the demand increases to 26,200 rolls, the supply is 20,000 and the price is \$1.24 per roll. Let x be the quantity in thousands of rolls. The table below gives the price-supply and price-demand equations. Price Equations for Toilet Paper Type Equation Price-Supply P = -0.04x + 2.04 Price-Demand P = 0.025x + 1.495 QUESTION 1 Find the supply at a price of \$2 per roll. 1000 rolls 10,000 rolls 1 roll 5000 rolls QUESTION 2 Find the demand at a price of \$2 per roll. 20.2 rolls 202 rolls 20,200 rolls 500 rolls QUESTION 3 Use the substitution method to find the equilibrium quantity. Round x to the nearest tenth first and then convert to thousands. Include the units in your answer. QUESTION 4 What is the equilibrium price? Write the answer in dollars and cents, rounding to the nearest cent.
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1.AU MAT 120 Systems of Linear Equations and Inequalities Discussion

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