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Solve Problems Using Systems of Linear Equations
-As the Price N=4p+690\mathrm { N } = - 4 p + 690

question 211

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Solve Problems Using Systems of Linear Equations
-As the price of a product increases, the demand for that product decreases. However, at higher prices, suppliers are willing to produce greater quantities of the product. The weekly supply and demand models for a certain type of television are as follows:
Demand: N=4p+690\mathrm { N } = - 4 p + 690
Supply: N=2.6pN = 2.6 \mathrm { p }
where pp is the price in dollars per television.
How many of these televisions can be sold and supplied at $120\$ 120 per television?

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