Equilibrium Price The demand for your hand-made skateboards, in weekly sal...

Equilibrium Price The demand for your hand-made skateboards, in weekly sales, is q = −3p + 700 if the selling price is $p. You are prepared to supply q = 2p − 500 per week at the price $p. At what price should you sell your skateboards so that there is neither a shortage nor a surplus? HINT [See Quick Example on page 62.]

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