Make your own linear functions for a supply schedule

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Reference no: EM131481797

Question: Make up your own linear functions for a supply schedule and a demand schedule and then:

(a) plot them on graph paper and read off the values of price and quantity where they intersect, and

(b) algebraically solve your set of linear simultaneous equations and compare your answer with the values you got for (a).

Reference no: EM131481797

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