If Price is 35 cents for each bag of potato chips at Frank’s
Deli, customers will only purchase 50 bags per week, whereas Frank
will want to supply 450 bags. But for every five cents he lowers
the Price, Frank will supply 100 less bags per week, and customers
will demand 100 more bags per week. Find the
equilibrium point by schedule and graph.
If Price is 35 cents for each bag of potato chips at Frank’s Deli, customers will only purchase 50 bags per week, wherea
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am