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A group of retailers will buy 116 televisions from a wholesaler if the price is $300...

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Basic Math

A group of retailers will buy 116 televisions from a wholesalerif the price is $300 and 156 if the price is $250. The wholesaleris willing to supply 104 if the price is $220 and 184 if the priceis $310. Assuming that the resulting supply and demand functionsare linear, find the equilibrium point for the market. (q, p) =

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