Find the equilibrium point of the demand and supply equations. Demand Supply p = 430 - 0.0001x p = 234 + 0.0006x (x, p) = %3D

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter7: Systems Of Equations And Inequalities
Section7.1: Systems Of Linear Equations: Two Variables
Problem 2SE: If you are performing a break-even analysis for a business and their cost and revenue equations are...
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Find the equilibrium point of the demand and supply equations.
Supply
p= 234 + 0.0006x
Demand
P = 430
0.0001x
(x, p) =
%3D
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Transcribed Image Text:Find the equilibrium point of the demand and supply equations. Supply p= 234 + 0.0006x Demand P = 430 0.0001x (x, p) = %3D Need Help? Read It Watch It
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