document.write( "Question 87895: Would someone show me step by step how to figure this problem? Thank you
\n" ); document.write( "The demand equation for a certain type of printer is given by D=-200p+35,000. The supply equation is predicted to be: S=-p^2+400-20,000. Find the equilibrium price. \n" ); document.write( "

Algebra.Com's Answer #63748 by Flake(45) $\"\"$ $\"About$

You can put this solution on YOUR website!
Equilibrium price is when the Demand is equal to the Supply.\r
\n" ); document.write( "\n" ); document.write( " $\"D+=+S+\"$
\n" ); document.write( " $\"-200p%2B35000+=+-p%5E2%2B400-20000+\"$
\n" ); document.write( " $\"p%5E2+-+200p+%2B+54600+=+0+\"$
\n" ); document.write( "This very similar to $\"ax%5E2+%2B+bx+%2B+c+=+0+\"$
\n" ); document.write( "Now solve with $\"x+=+%28-b+%2B-+sqrt%28+b%5E2-4%2Aa%2Ac+%29%29%2F%282%2Aa%29+\"$ \n" ); document.write( "

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