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Differentiate the function.
Price of Rubber
The Price of Rubber refers to the current market price for rubber, which fluctuates based on supply and demand dynamics.
Technology of Tire Production
The methods and processes used in the manufacturing and design of tires, including materials selection, shaping, and curing techniques to meet specific performance criteria.
Equilibrium Price
The price at which the quantity of a good or service demanded equals the quantity supplied, resulting in a stable market condition.
Equilibrium Quantity
The quantity of a good or service at which demand and supply are equal at a particular price level, leading to a stable market situation.
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