The demand for alarm clocks is given by D(p) = -1.25p + 50 thousand clocks, when the price is p dollars per clock. The supply of alarm clocks was given in a previous question.
The demand for alarm clocks is given by D(p) = -1.25p + 50 thousand clocks, when the price is p dollars per clock. The supply of alarm clocks was given in a previous question.
q thousand clocks
60
S(p)
10
D(p)
20
p dollars per clock 40
20
30