document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1021079>Question 1021079</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Find the equilibrium point for the demand and supply function D(p) =87-8p and S(p) =48+5p </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #636882 by </B><A HREF=/tutors/aboutme.mpl?userid=robertb><B>robertb(5830)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=robertb><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=robertb><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=636882\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The equilibrium point is where D(p) = S(p).\r<BR>\n" );
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document.write( "==> let 87 - 8p = 48 + 5p<BR>\n" );
document.write( "==> 39 = 13p ==> p = 3\r<BR>\n" );
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document.write( "Therefore the equilibrium point is (3, 63).  (Both supply and demand at 48 units at the price of 3.) </SPAN>\n" );
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