The quantity demanded of a certain brand of DVD player is 2,200/wk when the unit price is $475. For each decrease in unit price of $28.00 below $475, the quantity demanded increases by 350 units. The suppliers will not market any DVD players if the unit price is $350 or lower. But at a unit price of $500, they are willing to make available 2,500 units in the market. The supply equation is also known to be linear.
Find the demand equation. 
__________
Find the supply equation. 
__________
Find the equilibrium quantity. 
__________ DVD players
Find the equilibrium price. 
$ __________
Definitions:
Global Commodity Chain
A worldwide network of production and distribution processes through which a product passes until it reaches the consumer.
Rogue Agencies
Agencies that operate with disregard for laws or regulations, often pursuing their own agendas.
Bureaucratic Organizations
Organizations characterized by formal procedures, hierarchy, and a clear division of labor intended to increase efficiency.
Transnational Corporations
Large companies that operate and have assets or production facilities in more than one country, often exerting significant economic influence across national borders.
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