Find the market equilibrium point for the following demand and supply equations. Demand: p = – 4q + 593 Supply: p = 7q – 936 |- The market equilibrium point is

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter6: Systems Of Equations And Inequalities
Section6.2: Two-variable Linear Systems
Problem 9ECP
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Find the market equilibrium point for the following demand and supply equations.
Demand: p = – 4q + 593
Supply: p = 7q - 936
The market equilibrium point is
Transcribed Image Text:Find the market equilibrium point for the following demand and supply equations. Demand: p = – 4q + 593 Supply: p = 7q - 936 The market equilibrium point is
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