Question
Given: ( q is number of items) Demand function:d(q)=420.50.2q^2 Supply function:s(q)=0.3q^2 Find the equilibrium quantity:_________ items Find the equilibrium price: $__________
Given: (qis number of items)
Demand function:d(q)=420.50.2q^2
Supply function:s(q)=0.3q^2
Find the equilibrium quantity:_________ items
Find the equilibrium price: $__________
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Get StartedRecommended Textbook for
An Introduction to the Mathematics of Financial Derivatives
Authors: Ali Hirsa, Salih N. Neftci
3rd edition
012384682X, 978-0123846822
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