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CalculusQ&A LibraryThe management of Titan Tire Company has determined that the weekly demand and supply functions for their Super Titan tires are given by p=144-x^2 p=48+1/2x^2 respectively, where p is measured in dollars and x is measured in units of a thousand. Find the equilibrium quantity and price.Start your trial now! First week only $4.99!*arrow_forward*

Question

The management of Titan Tire Company has determined that the weekly demand and supply functions for their Super Titan tires are given by

p=144-x^2

p=48+1/2x^2

respectively, where p is measured in dollars and x is measured in units of a thousand. Find the equilibrium quantity and price.

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Calculus

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