The supply and demand for a product are given by 2p - q = 50 pq = 100 +20q, respectively. Find the market equilibrium point.

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 for a product are given by 2p - q = 50 pq = 100 +20q, respectively. Find the market equilibrium point.

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