document.write( "Question 70087: The demand and supply equations for a certain item are given by:\r
\n" ); document.write( "\n" ); document.write( "D = 5p + 40
\n" ); document.write( "S = -p^2 + 30p - 8\r
\n" ); document.write( "\n" ); document.write( "Find the equilibrium price..... How do I find the price when I am not sure of the actual numbers? Thank you!
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Algebra.Com's Answer #49944 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
The demand and supply equations for a certain item are given by:
\n" ); document.write( "D = 5p + 40
\n" ); document.write( "S = -p^2 + 30p - 8
\n" ); document.write( "Find the equilibrium price.
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\n" ); document.write( "Equilibrium occurs when supply equal demand
\n" ); document.write( "EQUATION:
\n" ); document.write( "-p^2+30p-8=5p+40
\n" ); document.write( "-p^2+25p-48=0
\n" ); document.write( "p=[-25+-sqrt(625-4*-1*-48]/-2
\n" ); document.write( "p=[-25+-sqrt(625-192)]/-2
\n" ); document.write( "p=[-25+-sqrt(433)]/-2
\n" ); document.write( "p=2.09 or 22.90
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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