SOLUTION: Please help me with this equation: The supply and demand equations respectively, 3q-200p+1800=0 and 3q+100p-1800=0. Where p represents the price per unit and q represents the numbe

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: Please help me with this equation: The supply and demand equations respectively, 3q-200p+1800=0 and 3q+100p-1800=0. Where p represents the price per unit and q represents the numbe      Log On


   

Question 627321: Please help me with this equation: The supply and demand equations respectively, 3q-200p+1800=0 and 3q+100p-1800=0. Where p represents the price per unit and q represents the number of units per time period. Find the equilibrium price.
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


Since both left-hand sides are equal to zero, set the two left hand sides equal to each other. When you collect like terms, the variable goes away. Solve the resulting equation for

John

My calculator said it, I believe it, that settles it
The Out Campaign: Scarlet Letter of Atheism