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Question: the quantity demanded x ofe certain brand of dvd player...

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The quantity demanded x ofe certain brand of DVD player is 3000/week when the unit price p is $485. For each decrease in unit price of $20 below $485, the quantity demanded increases by 500 units. The suppliers will not market any DVD players if the unit price is $300 or lower. But at a unit price of $525, they are willing to make available 2000 units in the market. The supply equation is also known to be linear (a) Find the demand equation. P(x) (b) Find the supply equation. p(x) - (c) Find the equilibrium quantity and the equilibrium price. equilibrium quantity equilibrium price$ units

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