document.write( "Question 104076: 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( "
\n" ); document.write( "

Algebra.Com's Answer #75771 by elima(1433)\"\" \"About 
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( "\"-5p%2B40=-p%5E2%2B30p-8\"
\n" ); document.write( "\"p%5E2-5p-30p%2B40%2B8=0\"
\n" ); document.write( "\"p%5E2-35p%2B48=0\"
\n" ); document.write( "Use quadratic equation to solve;
\n" ); document.write( "\"%2835%2B-sqrt%2835%5E2-4%281%29%2848%29%29%29%2F2%281%29\"
\n" ); document.write( "\"%2835%2B-sqrt%281225-192%29%29%2F2\"
\n" ); document.write( "\"%2835%2B-sqrt%281033%29%29%2F2\"\r
\n" ); document.write( "\n" ); document.write( "Now we two equations to solve, because we have 35+ and 35-;
\n" ); document.write( "\"P=%2835%2B32.14%29%2F2\"
\n" ); document.write( "P=33.57
\n" ); document.write( "\"P=%2835-32.14%29%2F2\"
\n" ); document.write( "\"P=2.86%2F2\"
\n" ); document.write( "P=1.43
\n" ); document.write( ":)
\n" ); document.write( "
\n" ); document.write( "
\n" );