A group of retailers will buy 88 televisions from a wholesaler if the price is $300 and 128 if the price is $250. The wholesaler is willing to supply 72 if the price is $225 and 152 if the price is...


A group of retailers will buy 88 televisions from a wholesaler if the price is $300 and 128 if the price

is $250. The wholesaler is willing to supply 72 if the price is $225 and 152 if the price is $315.

Assuming the resulting supply and demand functions are linear, find the supply equation, the demand

equation, and the equilibrium point for the market.



Jun 11, 2022
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