document.write( "Question 88322: The demand and supply equations for a certain item are given by
\n" ); document.write( " D = –5p + 40
\n" ); document.write( " S = –p2 + 30p – 8
\n" ); document.write( "Find the equilibrium price.\r
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Algebra.Com's Answer #64152 by stanbon(75887)\"\" \"About 
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The demand and supply equations for a certain item are given by
\n" ); document.write( " D = –5p + 40
\n" ); document.write( " S = –p2 + 30p – 8
\n" ); document.write( "Find the equilibrium price.\r
\n" ); document.write( "\n" ); document.write( "--------------------
\n" ); document.write( "Equilibrium means demand = supply
\n" ); document.write( "--------
\n" ); document.write( "-5p+40 = -p^2 + 30p - 8
\n" ); document.write( "p^2 - 35p + 48 = 0
\n" ); document.write( "p = [35+-sqrt(35^2-4*1*48)]/2\r
\n" ); document.write( "\n" ); document.write( "p = [35 +- sqrt(1033)]/2\r
\n" ); document.write( "\n" ); document.write( "p = $33.57 or p = $1.3
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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