document.write( "Question 83065: Please help!
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document.write( "The demand and supply equations for a certain item are given by:
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document.write( "D= -5p +40
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document.write( "S= -p^2+30p-8
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document.write( "Find the equilibrium price? \n" );
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Algebra.Com's Answer #59607 by stanbon(75887)![]() ![]() ![]() 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? \n" ); document.write( "------------- \n" ); document.write( "Equilibrium means supply = demand \n" ); document.write( "------------------ \n" ); document.write( "EQUATION: \n" ); document.write( "-p^2+30p-8 = -5p+40 \n" ); document.write( "p^2-35p+48=0 \n" ); document.write( "p=[35+-sqrt(35^2-4*48]/2 \n" ); document.write( "p = [35+-32.14]/2 \n" ); document.write( "p = 1.43 or or 33.57 \n" ); document.write( "============= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |