If the demand function for a commodity is given by the equation p2 + 5q = 200

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If the demand function for a commodity is given by the equation p2 + 5q = 200 and the supply function is given by 40 - p2 + 3q = 0, find the equilibrium quantity and price?

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 04:50 AM

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If the demand function for a commodity is given by the equation p2 + 5q = 200

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D p 2 5q 200 p 2 200 5q S 40 p 2 3q ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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