Question

The Unique Gifts catalog lists a "super loud and vibrating alarm clock." Their records indicate the following information on the relation of monthly supply and demand quantities to the price of the clock.

(a) the demand equation p

(b) the supply equation p

Demand	Supply	Price
169	134	$31
139	174	$43

Answer 1

Soluboni Given data, Demand Supply . 169 : 134 134 139 174 porce $31 $ 43 169 a) Demand Equation 43-31 12 - mi -0.4 139-169 -36 Her demand Equation is p=43; -0,4 CX-139) P-43 = -0,4% + 55.6 Pi -0,4%1 + 55.6 + 43 P: -0,4+. 98.6 ii P : -0.42 + 98.6

6) Supply Equation p mi sono 43-31 12 180.3 - 0.3 174-34 40 bence, the supply Equaton P P-43 = 0.3(x-174) P-43: 0.3x - 52.2 p=0.3x - 52.2 + 43 P, 0,3% -9.2 P: 0,3% -9.2