The supply and demand curves for a business dealing with wheat are Supply: p- 1.35 + 0.00018x2 Demand: p- (2.393 - 0.009x)2 where p is the price in dollars per bushel and x is the quantity in bushels per day. Use a graphing utility to graph the supply and demand equations and find the market equilibrium. (The market equilibrium is the point of intersection of the graphs for x > 0. Round your answers to two decimal places.) bushels Need Help? Read It Watch it

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter6: Systems Of Equations And Inequalities
Section6.2: Two-variable Linear Systems
Problem 9ECP
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The supply and demand curves for a business dealing with wheat are
Supply: p- 1.35 + 0.00018x2
Demand: p = (2.393 - 0.009x)2
graphing utility to graph the supply and demand equations and find the market equilibrium. (The market
where p is the price in dollars per bushel and x is the quantity in bushels per day. Use
equilibrium is the point of Intersection of the graphs for x> 0. Round your answers to two decimal places.)
bushels
Need Help?
Watch It
Read It
Transcribed Image Text:The supply and demand curves for a business dealing with wheat are Supply: p- 1.35 + 0.00018x2 Demand: p = (2.393 - 0.009x)2 graphing utility to graph the supply and demand equations and find the market equilibrium. (The market where p is the price in dollars per bushel and x is the quantity in bushels per day. Use equilibrium is the point of Intersection of the graphs for x> 0. Round your answers to two decimal places.) bushels Need Help? Watch It Read It
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