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Suppose the supply function for product x is given by qxs = - 30 + 2px - 4pz.
a. how much of product x is produced when px = $600 and pz = $60?

Respuesta :

sqdancefan

Replace the variables with their values and do the arithmetic.

qxs = -30 +2(600) -4(60) = -30 +1200 -240

qxs = 930

930 of product x is produced.

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