document.write( "Question 1154435: Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given.\r
\n" ); document.write( "\n" ); document.write( "Supply: p=140q Demand: p= -q^2+12,000\r
\n" ); document.write( "\n" ); document.write( "The equilibrium quantity is q= ____ at price p= $____
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Algebra.Com's Answer #776859 by MathLover1(20849)\"\" \"About 
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\n" ); document.write( "\n" ); document.write( " given:\r
\n" ); document.write( "\n" ); document.write( "Supply:
\n" ); document.write( "\"p=140q\" ........eq.1
\n" ); document.write( "Demand:
\n" ); document.write( "\"p=+-q%5E2%2B12000\"........eq.2\r
\n" ); document.write( "\n" ); document.write( "equilibrium is when Supply=Demand\r
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\n" ); document.write( "\n" ); document.write( "\"140q+=-q%5E2%2B12000\".......solve for \"q\"\r
\n" ); document.write( "\n" ); document.write( "\"q%5E2%2B140q+-12000=0\"\r
\n" ); document.write( "\n" ); document.write( "\"q%5E2-60q%2B200q+-12000=0\"\r
\n" ); document.write( "\n" ); document.write( "\"%28q%5E2-60q%29%2B%28200q+-12000%29=0\"\r
\n" ); document.write( "\n" ); document.write( "\"q%28q-60%29%2B200%28q+-60%29=0\"\r
\n" ); document.write( "\n" ); document.write( "\"%28q+-+60%29+%28q+%2B+200%29+=+0\"\r
\n" ); document.write( "\n" ); document.write( "=> \"q=60\" or \"q=-200\" ( disregard negative solution)\r
\n" ); document.write( "\n" ); document.write( "go to\r
\n" ); document.write( "\n" ); document.write( "\"p=140q\" ........eq.1, substitute \"q\"\r
\n" ); document.write( "\n" ); document.write( "\"p=140%2A60\"\r
\n" ); document.write( "\n" ); document.write( "\"p=8400\"\r
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\n" ); document.write( "\n" ); document.write( "The equilibrium quantity is \"q=60\" at price \"p\"=$\"8400\"\r
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