document.write( "Question 117874: Business and finance. The demand equation for a certain type of printer is given by D=-200p + 35,000
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document.write( "The supply equation is predicted to be s=-p^+400p-20,000
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document.write( "Find the equilibrium price.\r
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Algebra.Com's Answer #85863 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! The demand equation for a certain type of printer is given by D=-200p + 35,000\r \n" ); document.write( "\n" ); document.write( "The supply equation is predicted to be s=-p^+400p-20,000 \n" ); document.write( "------------------------- \n" ); document.write( "D = S \n" ); document.write( "-200p+35000 = -p^2+400p-20000 \n" ); document.write( "p^2-600p+55000 = 0\r \n" ); document.write( "\n" ); document.write( "p = [600 +- sqrt(600^2-4*55000)]/2\r \n" ); document.write( "\n" ); document.write( "p = [600 +- 374.1657]/2\r \n" ); document.write( "\n" ); document.write( "p = 974.1657/2 or x = 225.8343/2\r \n" ); document.write( "\n" ); document.write( "p = 487.08 or p = 112.92\r \n" ); document.write( "\n" ); document.write( "=========================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |