document.write( "Question 953448: Demand: p=840-12q Supply=7q^2+2q\r
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Algebra.Com's Answer #582239 by MathLover1(20849)\"\" \"About 
You can put this solution on YOUR website!
equilibrium: the price and quantity that correspond to the point where supply and demand intersect (where Demand= Supply)\r
\n" ); document.write( "\n" ); document.write( "Demand: \"p=840-12q\" \"Supply=7q%5E2%2B2q\"\r
\n" ); document.write( "\n" ); document.write( "\"7q%5E2%2B2q=840-12q\"\r
\n" ); document.write( "\n" ); document.write( "\"7q%5E2%2B2q-840%2B12q=0\"\r
\n" ); document.write( "\n" ); document.write( "\"7q%5E2%2B14q-840=0\"\r
\n" ); document.write( "\n" ); document.write( "\"7q%5E2%2F7%2B14q%2F7-840%2F7=0\"\r
\n" ); document.write( "\n" ); document.write( "\"q%5E2%2B2q-120=0\"\r
\n" ); document.write( "\n" ); document.write( "\"q%5E2%2B12q-10q-120=0\"\r
\n" ); document.write( "\n" ); document.write( "\"%28q%5E2%2B12q%29-%2810q%2B120%29=0\"\r
\n" ); document.write( "\n" ); document.write( "\"q%28q%2B12%29-10%28q%2B12%29=0\"\r
\n" ); document.write( "\n" ); document.write( "\"%28q-10%29%28q%2B12%29+=+0\"\r
\n" ); document.write( "\n" ); document.write( "solutions:\r
\n" ); document.write( "\n" ); document.write( "if \"%28q-10%29+=+0\"=>\"q=10\"\r
\n" ); document.write( "\n" ); document.write( "if \"%28q%2B12%29+=+0\"=>\"q=-12\"...disregard this solution, the quantity cannot be negative\r
\n" ); document.write( "\n" ); document.write( "so, your solution is:\"q=10\"-----quantity\r
\n" ); document.write( "\n" ); document.write( "now find \"p\"\r
\n" ); document.write( "\n" ); document.write( " \"p=840-12q\"\r
\n" ); document.write( "\n" ); document.write( " \"p=840-12%2A10\"\r
\n" ); document.write( "\n" ); document.write( " \"p=840-120\"\r
\n" ); document.write( "\n" ); document.write( " \"p=720\"--------price\r
\n" ); document.write( "\n" ); document.write( "intersection point is at (\"q\",\"p\")=(\"10\",\"720\")\r
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