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How find the find the equilibrium point

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Reference no: EM13842840

A group of retailers will buy 96 televisions from a wholesaler if the price is $500 and 136 if the price is $450.

The wholesaler is willing to supply 84 if the price is $420 and 164 if the price is $510.

Assuming the resulting supply and demand functions are linear, find the equilibrium point for the market.

Reference no: EM13842840

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