document.write( "Question 1056056: Find the equilibrium point, if p is the price per unit, and q represents the number of units per unit of time. Supply: p=(1/4)q+6, Demand: p=2240/(q+12). Thank you! \n" ); document.write( "
Algebra.Com's Answer #671228 by Boreal(15235)\"\" \"About 
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Set the two equal to each other
\n" ); document.write( "(1/4)q+6=2240/(q+12)
\n" ); document.write( "multiply both sides by (q+12)
\n" ); document.write( "(1/4)q^2+3q+6q+72=2240
\n" ); document.write( "(1/4)q^2+9q+72=2240
\n" ); document.write( "(1/4)q^2+9q-2168=0; multiply by 4.
\n" ); document.write( "q^2+36q-8672=0
\n" ); document.write( "discriminant is sqrt(1296+34688)=sqrt(35984)=189.69
\n" ); document.write( "q=(1/2)(-36+189.69) since these can't be negative
\n" ); document.write( "q=76.85
\n" ); document.write( "Check (1/4)(76.85)+6=25.21=p
\n" ); document.write( "2240/(88.85)=25.21=p
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