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Advanced MathQ&A LibraryAt a unit price of $710, the quantity demanded of a certain commodity is 74 pounds. If the unit price increases to $830, the quantity demanded decreases by 24 pounds. Find the demand equation (assuming it is linear) where p is the unit price and x is the quantity demanded for this commodity in pounds. -how do I work this problem?Start your trial now! First week only $4.99!*arrow_forward*

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At a unit price of $710, the quantity demanded of a certain commodity is 74 pounds. If the unit price increases to $830, the quantity demanded decreases by 24 pounds. Find the demand equation (assuming it is linear) where p is the unit price and x is the quantity demanded for this commodity in pounds. -how do I work this problem?

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