In a free market economy the supply curve for a commodity is the number of items of a product that can be made available at different prices, and the demand curve is the number of items the consumer w...In a free market economy the supply curve for a commodity is the number of items of a product that can be made available at different prices, and the demand curve is the number of items the consumer will buy at different prices. The supply curve for a product is \(y = 3.5x - 14\) and the demand curve for the same product is \(y = - 2.5x + 34\), where x is the price and y the number of items produced.
In a free market economy the supply curve for a commodity is the number of items of a product that can be made available at different prices, and the demand curve is the number of items the consumer w...In a free market economy the supply curve for a commodity is the number of items of a product that can be made available at different prices, and the demand curve is the number of items the consumer will buy at different prices. The supply curve for a product is \(y = 3.5x - 14\) and the demand curve for the same product is \(y = - 2.5x + 34\), where x is the price and y the number of items produced.