For a certain commodity, the demand equation is given by D= -5p + 5=. At a price of $1, twelve units of the commodity are supplied. If the supply equation is linear and the market price is $4, find the supply equation.(adsbygoogle = window.adsbygoogle || []).push({});

Answer:

For this one I have come up with a formula of:

s= ap+b where p if the varialbe, price, and a,b are constants

s is supply.

I think I have to find a and b but amd not sure.

Can someone help me with figure this one out...

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# Homework Help: Can someone help me on this one!

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