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Advanced MathQ&A LibraryThe demand equation for the BWS Bluetooth wireless loudspeaker is p = −0.03x + 210 where x is the quantity demanded per month and p is the unit price in dollars. The corresponding supply equation is given by p = 0.015x + 30 where x is the quantity demanded per month and p is the unit price in dollars. Find the equilibrium quantity and the equilibrium price for the BWS Bluetooth wireless loudspeakers. equilibrium quantity units equilibrium price $Question

The demand equation for the BWS Bluetooth wireless loudspeaker is

p = −0.03x + 210

where *x* is the quantity demanded per month and *p* is the unit price in dollars. The corresponding supply equation is given by

p = 0.015x + 30

where *x* is the quantity demanded per month and *p* is the unit price in dollars. Find the equilibrium quantity and the equilibrium price for the BWS Bluetooth wireless loudspeakers.

equilibrium quantity | units | |

equilibrium price | $ |

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