document.write( "Question 122754: Solve.\r
\n" ); document.write( "\n" ); document.write( "The demand equation for a certain type of printer is given by d = -200p + 35,000. The supply equation is predicted to be s = -p squared + 400p - 20,000. Find the equilibrium price.
\n" ); document.write( "

Algebra.Com's Answer #90114 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
The demand equation for a certain type of printer is given by d = -200p + 35,000. The supply equation is predicted to be s = -p squared + 400p - 20,000. Find the equilibrium price.
\n" ); document.write( "------------
\n" ); document.write( "Equilibrium occurs when demand = supply
\n" ); document.write( "------------
\n" ); document.write( "-p^2+400p-20,000 = -200p+35000
\n" ); document.write( "p^2-600p+55000 = 0
\n" ); document.write( "p=[600 +- sqrt(600^2-4*55000)]/2
\n" ); document.write( "p=[600 +- sqrt(140000)]/2
\n" ); document.write( "p = $112.92 or p=$487.08
\n" ); document.write( "====================
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( "
\n" ); document.write( "
\n" );