document.write( "Question 1130629: Solve by using a system of equations.\r
\n" ); document.write( "\n" ); document.write( "The number x of smartphones a manufacturer is willing to sell is given by
\n" ); document.write( "x = 24p − 2500,
\n" ); document.write( " where p is the price, in dollars, per smartphone. The number x of smartphones a wholesale distributor is willing to purchase is given by
\n" ); document.write( "x = −3p + 875,
\n" ); document.write( " where p is the price per smartphone. Find the equilibrium price. \n" ); document.write( "
Algebra.Com's Answer #747257 by stanbon(75887)\"\" \"About 
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The number x of smartphones a manufacturer is willing to sell is given by
\n" ); document.write( "x = 24p − 2500,
\n" ); document.write( "where p is the price, in dollars, per smartphone. The number x of smartphones a wholesale distributor is willing to purchase is given by
\n" ); document.write( "x = −3p + 875,
\n" ); document.write( "where p is the price per smartphone. Find the equilibrium price.
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\n" ); document.write( "Equate # sold and # purchased::
\n" ); document.write( "24p-2500 = -3p+875
\n" ); document.write( "27p = 3375
\n" ); document.write( "price = $125
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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