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14 July, 12:51

The demand for your hand-made skateboards, in weekly sales, is q = - 6p + 400 if the selling price is $p. You are prepared to supply q = 4p - 300 per week at the price $p. What price should you sell your skateboards for so that there is neither a shortage nor a surplus?

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  1. 14 July, 13:08
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    The price you should sell your skateboards so that there is neither a shortage nor a surplus is $70

    Explanation:

    In order to calculate the price should you sell your skateboards for so that there is neither a shortage nor a surplus we would have to make the following calculation:

    -6p + 400 = 4p - 300

    -10p=-700

    p=70

    The price you should sell your skateboards so that there is neither a shortage nor a surplus is $70
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