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Suppose the wholesale price of a certain brand of medlum-sized eggs ( p ) (in dollars/carton) is related to the weekly supply ( x ) (in thousands of cartons) by t, find the number of cartons per week.

User Ashleedawg
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1 Answer

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Final answer:

The question is asking about the relationship between the wholesale price of medium-sized eggs and the weekly supply. They are usually inversely related by the law of supply and demand. However, without a specific equation, we cannot find a definite number of cartons per week.

Step-by-step explanation:

The question seems to be asking about the relationship between the wholesale price of a specific brand of medium-sized eggs (p) and the weekly supply (x), but it does not provide a specific formula or equation that links these two variables. In a general sense, the wholesale price (p) and the weekly supply (x) of a commodity would typically be inversely related. This means that as the supply increases, the price usually decreases, and vice versa. This is a fundamental concept in economics referred to as the law of supply and demand.

Without a specific equation or more context, it's impossible to provide a definite number of cartons per week (x). However, if an equation was provided, you could probably rearrange it in terms of x to solve for the weekly supply given a certain wholesale price.

Learn more about Supply and Demand

User Nikita Koksharov
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