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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^2 + 400 - 20,000
Find the equlibrium price.

2006-10-10 06:23:20 · 4 answers · asked by Marie 3 in Education & Reference Homework Help

4 answers

I believe they want you to set the two equations equal to each other and then find P.

2006-10-10 06:27:42 · answer #1 · answered by Anonymous · 0 0

Set the two equations as equal to each other and solve for p.

2006-10-10 13:31:47 · answer #2 · answered by Caffeinated 4 · 0 0

set D = S

200p+35,000 = -p^2 + 400 - 20,000

solve for p

2006-10-10 13:28:14 · answer #3 · answered by msbedouin 4 · 0 0

at equilibrium demand=supply
equate and solve

2006-10-10 13:30:12 · answer #4 · answered by raj 7 · 0 0

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