SOLUTION: Please help me with this equation: The supply and demand equations respectively, 3q-200p+1800=0 and 3q+100p-1800=0. Where p represents the price per unit and q represents the numbe
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Question 627321: Please help me with this equation: The supply and demand equations respectively, 3q-200p+1800=0 and 3q+100p-1800=0. Where p represents the price per unit and q represents the number of units per time period. Find the equilibrium price.
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Since both left-hand sides are equal to zero, set the two left hand sides equal to each other. When you collect like terms, the
variable goes away. Solve the resulting equation for
John

My calculator said it, I believe it, that settles it
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