Answered

Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Discover reliable solutions to your questions from a wide network of experts on our comprehensive Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

For a particular product, the supply equation is

p = 1/7 q

and the demand equation is

p = 121 - 1/4 q

Recall that revenue is the number of items being sold multiplied by their sales price. What is the revenue to suppliers when supply and demand are in equilibrium?

Sagot :

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.