document.write( "Question 793216: Please, help me solve this problem:\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "The demand and supply functions for a newspaper company are, respectively, q = −10,000p + 3,100 and q = 2,000p + 700, where p is the price in dollars. At what price should the newspapers be sold so that there is neither a surplus nor a shortage of papers?
\n" ); document.write( "

Algebra.Com's Answer #480339 by ankor@dixie-net.com(22740)\"\" \"About 
You can put this solution on YOUR website!
The demand and supply functions for a newspaper company are, respectively, q = −10,000p + 3,100 and q = 2,000p + 700, where p is the price in dollars.
\n" ); document.write( " At what price should the newspapers be sold so that there is neither a surplus nor a shortage of papers?
\n" ); document.write( ":
\n" ); document.write( "This means demand = supply, q = q, therefore
\n" ); document.write( "2000p + 700 = -10000p + 3100
\n" ); document.write( "2000p + 10000p = 3100 - 700
\n" ); document.write( "12000p = 2400
\n" ); document.write( "p = 2400/12000
\n" ); document.write( "p = $.20 \r
\n" ); document.write( "\n" ); document.write( "Not that hard, right?
\n" ); document.write( "
\n" );