document.write( "Question 78365: Please help I do not know where to start or finish.
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document.write( "Business and Finance. The demand equation for a certain type of printer is given by:
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document.write( "D = -200p + 35,000
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document.write( "The supply equation is predicted to be:
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document.write( "S = -p^2 + 400p – 20,000
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document.write( "Find the equilibrium price.
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Algebra.Com's Answer #56241 by dolly(163)![]() ![]() ![]() You can put this solution on YOUR website! The equilibrium is achieved when the demand = supply \n" ); document.write( "==> -200p + 35,000 = -p^2 + 400p – 20,000\r \n" ); document.write( "\n" ); document.write( "Adding p^2 - 400p + 20000 to both sides we get,\r \n" ); document.write( "\n" ); document.write( "==> p^2 - 400p + 20000 - 200p + 35000 = 0\r \n" ); document.write( "\n" ); document.write( "==> p^2 - 600p + 55000 = 0\r \n" ); document.write( "\n" ); document.write( "==> \n" ); document.write( "applying the quadratic formula.\r \n" ); document.write( "\n" ); document.write( "==> \n" ); document.write( "\n" ); document.write( "==> \n" ); document.write( "\n" ); document.write( "==> p = 112.9 or 487.1\r \n" ); document.write( "\n" ); document.write( "Thus the equilibrium price is 112.9 or 487.1 \n" ); document.write( " |