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Homework: Hom... Part 1 of 2 O Points: 0 of 1 Suppose the supply for a certain textbook is given by p = 5 q

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Homework: Hom... Part 1 of 2 O Points: 0 of 1 Suppose the supply for a certain textbook is given by p = 5 q and demand is given by p = - q-+ 40, where p is 40 10 e the price and q is the quantity. The graph of these equations is shown to the right. Find the equilibrium quantity and 32 the equilibrium price. 24 Price 16- 8- 19 8 12 16 Quantity How can the equilibrium values be found? O A. Find the q-intercepts of the wo functions. O B. Set the two expressions for p equal to each other and solve for q. O C. Find where the supply equation is equal to 40. O D. Find the p-intercepts of the two functions

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