SOLUTION: Can someone show me how to do this one? Business and Finance. The demand equation for a certain type of printer is given by D= -200p + 35,000 The supply equation is predic

SOLUTION: Can someone show me how to do this one? Business and Finance. The demand equation for a certain type of printer is given by D= -200p + 35,000 The supply equation is predic

Algebra.Com

Question 108699: Can someone show me how to do this one?
Business and Finance. The demand equation for a certain type of printer is given by
D= -200p + 35,000
The supply equation is predicted to be
S= -p^2 + 400p - 20,000
Find the eqilibrium price.
Thank you!
Answer by scott8148(6628) (Show Source): You can put this solution on YOUR website!
equilibrium price is when supply equals demand

-p^2+400p-20000=-200p+35000 ... 0=p^2-600p+55000
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