document.write( "Question 1141292: How do I find the equilibrium point (at which s=d) if the demand (d) is given by d=200/p and the supply is given by s=150p-200? \n" ); document.write( "
Algebra.Com's Answer #761817 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! Let d=s \n" ); document.write( "so 200/p =150p-200 \n" ); document.write( "multiply by p both sides \n" ); document.write( "200=150p^2-200p \n" ); document.write( "rewrite as 150p^2-200p-200=0 \n" ); document.write( "divide everything by 50 \n" ); document.write( "3p^2-4p-4=0 \n" ); document.write( "(3p+2)(p-2)=0 \n" ); document.write( "p=2, only positive root \n" ); document.write( "so at p=2, d=100 and s=100 \n" ); document.write( " |