document.write( "Question 1130164: the supply & demand equation for a certain product are 3x-200p + 1800=0 and 3x+100p-1800=0, respectively where p represents the price per unit im pesos n x represents the number of units. Determine the market equilibrium quantity n price algebraically n find the market equilibrium point graphically \n" ); document.write( "
Algebra.Com's Answer #747096 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! rewrite as \n" ); document.write( "3x-200p=-1800 \n" ); document.write( "3x+100p=1800 \n" ); document.write( "-3x-100p=-1800. add the top and bottom \n" ); document.write( "-300p=-3600 \n" ); document.write( "p=12 \n" ); document.write( "substitute into the first \n" ); document.write( "3x-2400=-1800 \n" ); document.write( "x=200 units\r \n" ); document.write( "\n" ); document.write( "write in slope-intercept form \n" ); document.write( "3x=200p-1800; x=(200/3)p-600 \n" ); document.write( "3x=-100p+1800; x=(-100/3)p+600 \n" ); document.write( " |