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The Demand and Supply Functions for Your College Newspaper Are $q = - 11,000 p + 4,000$

Question 37

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The demand and supply functions for your college newspaper are, respectively, $q = - 11,000 p + 4,000$ and $q = 4,000 p + 400$ , where p is the price in dollars. At what price should the newspapers be sold so that there is neither a surplus nor a shortage of papers

__________ cents per paper

The Demand and Supply Functions for Your College Newspaper Are q=−11,000p+4,000q = - 11,000 p + 4,000q=−11,000p+4,000

Short Answer

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The Demand and Supply Functions for Your College Newspaper Are $q = - 11,000 p + 4,000$

Correct Answer:
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