The supply and demand for a product are given by 2p − q = 50 and pq = 1500 + 20q, respectively. Find the market equilibrium point. (q, p) =
The supply and demand for a product are given by 2p − q = 50 and pq = 1500 + 20q, respectively. Find the market equilibrium point. (q, p) =
Chapter6: Systems Of Equations And Inequalities
Section6.2: Two-variable Linear Systems
Problem 9ECP
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The supply and demand for a product are given by
2p − q = 50 and pq = 1500 + 20q,
respectively. Find the market equilibrium point.
(q, p) =
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