Find point of equilibrium for supply and demand equations


Determine point of equilibrium for given supply and demand equations where x is number of units and p is price per unit.

Demand:p = 229 - 0.000100 x

Supply:p = 75 + 0.000040 x

 

Request for Solution File

Ask an Expert for Answer!!
Chemistry: Find point of equilibrium for supply and demand equations
Reference No:- TGS0853465

Expected delivery within 24 Hours