Suppose that the demand and supply for artificial Christmas trees is given by the functions below where p is the price of a tree in dollars and q is the quantity of trees that aredemanded/supplied in hundreds. Find the price that gives the market equilibrium price and the number of trees that will besold/bought at this price.

p=109.700.10q (demand function)

p=0.01q2+5.91 (supply function)

Select the correct choice belowand, ifnecessary, fill in the answer boxes to complete your choice.

The equilibrium price of $_______ gives a demand that is equal to a supply of how many hundred trees.

(Simplify your answer. Type integers or simplifiedfractions.)