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price-supply and price-demand equations?  TOPIC_SOLVED

I have a problem like this. At $2 per bushel, the annual supply for soybeans in the South is 9 billion bushels, and the annual demand is 6 billion bushels. When the price FALLS to $1.50 per bushel, the annual supply DECREASES to 8 billion bushels, and the annual demand increases to 7.4 billion bushe...
by sandellie4
on Mon Sep 03, 2012 9:26 pm
 
Forum: Advanced Algebra ("pre-calculus")
Topic: price-supply and price-demand equations?
Replies: 1
Views: 1442

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