document.write( "Question 103667: The demand and supply equations for a certain item are given by
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document.write( " D = –5p + 40 S = –p^2 + 30p – 8
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document.write( "Find the equilibrium price \n" );
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Algebra.Com's Answer #75377 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! The demand and supply equations for a certain item are given by \n" ); document.write( " D = –5p + 40 S = –p^2 + 30p – 8 \n" ); document.write( "Find the equilibrium price \n" ); document.write( "----------------------- \n" ); document.write( "-p^2+30p-8 = -5p+40 \n" ); document.write( "p^2-35p+48=0 \n" ); document.write( "p = [35 +- sqrt(35^2-4*48)]/2\r \n" ); document.write( "\n" ); document.write( "p = [35 +- sqrt(1033)]/2\r \n" ); document.write( "\n" ); document.write( "p = [35 +- 32.14]/2\r \n" ); document.write( "\n" ); document.write( "p = 33.57 or p = 1.43\r \n" ); document.write( "\n" ); document.write( "========================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |