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The demand equation for the TI-83 graphing calculator is x+3p540=0 , where x is the quantity demanded per week and p is the wholesale unit

The demand equation for the TI-83 graphing calculator isx+3p540=0, wherexis the quantity demanded per week andpis the wholesale unit price in dollars. The supply equation isx17p+700=0, wherexis the quantity the supplier will make availbale in the market each week when the wholesale price ispdollars each. Find the equilibrium quantity and the equilibrium price for the calculators.

a)Equilibrium quantity=

b)Equilibrium price=

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