For the following pair of supply and demand equations, where x represents the quantity in units of a
Question: For the following pair of supply and demand equations, where x represents the quantity in units of a thousand, and p the unit price in dollars, find the equilibrium quantity and the equilibrium price.
\(\begin{aligned} & D\left( x \right)=-{{x}^{2}}-2x+100 \\ & S\left( x \right)=8x+25 \\ \end{aligned}\)
Price: $2.99
Solution: The downloadable solution consists of 1 page
Deliverables: Word Document
Deliverables: Word Document
