For given a supply equation and demand equation for a product. If p represents price per unit in dollars and q represents the number of units per unit of time, find the equilibrium point. 1 2240 Supply equation is p=-q+10, demand equation is p= q+ 20 The equilibrium point is (q.p) = (Tyne an ordo

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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For given a supply equation and demand equation for a product. If p represents price per unit in dollars and q represents the number of units per unit of time, find
the equilibrium point.
1
79+10, demand equation isp=
Supply equation is p3=
2240
q+20
The equilibrium point is (q.p)=
(Type an ordered pair, using integers or fractions Tyne
Transcribed Image Text:For given a supply equation and demand equation for a product. If p represents price per unit in dollars and q represents the number of units per unit of time, find the equilibrium point. 1 79+10, demand equation isp= Supply equation is p3= 2240 q+20 The equilibrium point is (q.p)= (Type an ordered pair, using integers or fractions Tyne
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