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The demand and supply equations are 2p²+ q²=11 and p+2q=7. Find the equilibrium price and quantity, where p stands for price and q stands for quantity.
The demand and supply equations are 2p²+ q²=11 and p+2q=7. Find the equilibrium price and quantity, where p stands for price and q stands for quantity.
Solution
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Next article: A commodity is product by using 3 units of labor and 2 units of capital. The total cost comes to 62. If the commodity is produced by using 4 units labor and 1 unit of capital, the cost comes to 56.
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Introduction
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Inventories
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Introduction
Chi-Square and Analysis of Variance
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