Generate a supply and demand function from a data table

Reference no: EM1374495

Show how to generate a supply and demand function from a information table that includes the supply and demand information for two different price levels. First I show how to compute the slope then the intercept. With slope and intercept information supply and demand can be written in the familar
P = a + bQ and...
P = a - bQ
forms respectively.

Reference no: EM1374495

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