Sherwin Williams has determined the demand of functions for interior white paint to be p + .75q= 60, where p is price in dollars per gallon and q is the number of gallons sold. The supply function for interior white paint is p=.85q. What price p gives market equilibrium? A) $37.50 B) $31.88 C) $600 D) $30 E) $38

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter12: Quadratic Functions
Section12.8: Joint And Combined Variation
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Sherwin Williams has determined the demand of functions for interior white paint to be p + .75q= 60, where p is price in dollars per gallon and q is the number of gallons sold. The supply function for interior white paint is p=.85q. What price p gives market equilibrium? A) $37.50 B) $31.88 C) $600 D) $30 E) $38
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