document.write( "Question 104076: The demand and supply equations for a certain item are given by
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document.write( " D = –5p + 40
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document.write( " S = –p^2 + 30p – 8
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document.write( "Find the equilibrium price
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Algebra.Com's Answer #75771 by elima(1433)![]() ![]() ![]() 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 \n" ); document.write( " S = –p^2 + 30p – 8 \n" ); document.write( "Find the equilibrium price \n" ); document.write( "Equilibrium is when supply = demand; \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Use quadratic equation to solve; \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Now we two equations to solve, because we have 35+ and 35-; \n" ); document.write( " \n" ); document.write( "P=33.57 \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "P=1.43 \n" ); document.write( ":) \n" ); document.write( " \n" ); document.write( " |