If the demand function for a commodity is given by the equation p² + 5q = 200 and the supply function is given by 40 – p² + 3q = 0, find the equilibrium %3D quantity and price.

Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.5: More Area Relationships In The Circle
Problem 30E: At the Pizza Dude restaurant, a 12-in. pizza costs 5.40 to make, and the manager wants to make at...
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If the demand function for a commodity is given by the equation p² + 5q =
200 and the supply function is given by 40 – p2 + 3q = 0, find the equilibrium
quantity and price.
Transcribed Image Text:If the demand function for a commodity is given by the equation p² + 5q = 200 and the supply function is given by 40 – p2 + 3q = 0, find the equilibrium quantity and price.
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In this problem we have to solve the both equations. So please find hand written solution.

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