Math Problem Statement

X P d o 31200 240 120 480     Se pide: a) Calcula el precio y la cantidad de equilibrio. b) Explica qué ocurriría si P = 70, y si P = 96. c) Realiza la representación gráfica de las dos cuestiones anteriores.

Solution

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Math Problem Analysis

Mathematical Concepts

Supply and Demand
Equilibrium Price and Quantity
Market Analysis

Formulas

Demand curve: Q_d = 31200 - 240P
Supply curve: Q_o = -120 + 480P

Theorems

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Suitable Grade Level

Advanced High School or College