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A supply equation and a demand equation for a product are given below. If p represents price per unit in dollars and q represents the
A supply equation and a demand equation for a product are given below. If p represents price per unit in dollars and q represents the number of units per unit oftime, find the equilibrium point.
Supply:
30q2p+260=0
Demand:
55q+p480=0
The equilibrium point(q,p) is =
nothing
.
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