document.write( "Question 87254This question is from textbook Beginning Algebra
\n" ); document.write( ": The demand equation for a certain type of printer is given by
\n" ); document.write( " D = -200p + 35,000
\n" ); document.write( "The supply equation is predicted to be
\n" ); document.write( " S = -p square + 400p - 20,000
\n" ); document.write( "Find the equilibraum price
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Algebra.Com's Answer #63215 by longjonsilver(2297)\"\" \"About 
You can put this solution on YOUR website!
Not too sure what the equilibrium price is ie how to get it. I am assuming that it is where both equations are the same. If this is true then:\r
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\n" ); document.write( "\n" ); document.write( "\"+D+=+-200p+%2B+35000+\"
\n" ); document.write( "\"+S+=+-p%5E2+%2B+400p+-+20000+\"\r
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\n" ); document.write( "\n" ); document.write( "so when these are equal:
\n" ); document.write( "\"+-200p+%2B+35000+=+-p%5E2+%2B+400p+-+20000+\"
\n" ); document.write( "\"+p%5E2+-+600p+%2B+55000+=+0+\"\r
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\n" ); document.write( "\n" ); document.write( "\"+p+=+%28-b+%2B-+sqrt%28b%5E2+-+4ac%29+%29%2F%282a%29+\"
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\n" ); document.write( "\"+p+=+%28600+%2B-+sqrt%28360000-220000%29+%29%2F%282%29+\"
\n" ); document.write( "\"+p+=+%28600+%2B-+sqrt%28140000%29+%29%2F%282%29+\"
\n" ); document.write( "\"+p+=+%28600+%2B-+374.17+%29%2F%282%29+\"
\n" ); document.write( "so \"+p+=+%28600+%2B+374.17+%29%2F%282%29+\" or \"+p+=+%28600+-+374.17+%29%2F%282%29+\"
\n" ); document.write( "so \"+p+=+%28974.17%29%2F%282%29+\" or \"+p+=+%28225.83%29%2F%282%29+\"
\n" ); document.write( "p = 487.1 or 112.9\r
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\n" ); document.write( "\n" ); document.write( "Now this gives 2 valid answers so i am not too sure whether i have given you the correct method. Sorry.\r
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\n" ); document.write( "\n" ); document.write( "cheers
\n" ); document.write( "Jon
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