The supply function for a commodity is given by p=q2+300 , and the demand function is p+q=410 . Find the equilibrium quantity and equilibrium price. We assume that p > 0 and q > 0.
The supply function for a commodity is given by p=q2+300 , and the demand function is p+q=410 . Find the equilibrium quantity and equilibrium price. We assume that p > 0 and q > 0.
Chapter6: Systems Of Equations And Inequalities
Section6.2: Two-variable Linear Systems
Problem 9ECP
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The supply function for a commodity is given by p=q2+300 , and the demand function is p+q=410 . Find the equilibrium quantity and equilibrium price. We assume that p > 0 and q > 0.
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