document.write( "Question 111068: I cant figure out how to begin this word problem let alone how to complete. Can you please help. \r
\n" ); document.write( "\n" ); document.write( "Suppose the demand and prince for the HBO cable channel are related by p=-.5q+30.95, where p is the monthly price in dollars and q is measured in millions of subscribers. If the price and supply are related by p=.3q+2.15, what are the equilibrium quanity and price?\r
\n" ); document.write( "\n" ); document.write( "If it is not too much to ask can you please walk me through this problem step by step so taht I can get a better understanding of how to complete this type of problem. \r
\n" ); document.write( "\n" ); document.write( "Thank you so much for your help!!!! :)
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Algebra.Com's Answer #81057 by scott8148(6628)\"\" \"About 
You can put this solution on YOUR website!
equilibrium is when supply is equal to demand\r
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\n" ); document.write( "\n" ); document.write( "-.5q+30.95=.3q+2.15 ___ this will give the equilbrium q\r
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\n" ); document.write( "\n" ); document.write( "substitute back into either equation to get the equilibrium p
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