Given the supply equation p = + 3 and the demand equation p = 1800 + 11, find the equilibrium point. 2200

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter7: Systems Of Equations And Inequalities
Section7.1: Systems Of Linear Equations: Two Variables
Problem 2SE: If you are performing a break-even analysis for a business and their cost and revenue equations are...
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Using the attatched image, please find 

a. Quantity(Q)=

b. Price (P)=

Given the supply equation p =
+ 3 and the demand equation p =
1800
+ 11, find the equilibrium point.
2200
Transcribed Image Text:Given the supply equation p = + 3 and the demand equation p = 1800 + 11, find the equilibrium point. 2200
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