Find the demand quantity and the supply quantity at a price


Problem

Suppose the supply and demand for a certain textbook are given by supply: p equals one fourth q squared demand: p equals negative one fourth q squared plus 10 comma where p is the price and q is the quantity. Find the demand quantity and the supply quantity at a price of $5. For the supply, you are given the equation p = (1/4)q^2. Setting p = 5, and solving for q gives.

The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.

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Basic Statistics: Find the demand quantity and the supply quantity at a price
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