Question 212352
Comment: You are correct when you equate Cost and Demand to determine
the equilibrium point.
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Comment: "e" is the irrational number 2.718281828459.....
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e^x= 162,755e^-x
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Multiply both sides by e^x to get:
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e^(2x) = 162,755
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Take the natural log of both sides to get:
2x = ln(162,755)
2x = 12
x = 6
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Cheers,
Stan H.