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October 25, 2014

October 25, 2014

Posted by **jasmine20** on Thursday, April 19, 2007 at 9:29pm.

The demand supply equations for a certain item are given by:

D= -5p+40

S=-p^2+30p-8

The correct answer was:

$1.43

how do you get to this answer because i've tried it and it doesn't come out.

i know that is Supply = demand then bring everything over to the right to be : 0 =p^2-35p+48 well thats how i started to do it but when i got to the answer i had it incorrect so can someone show me the correct way. Thank you ...any help is appreciative.

your quadratic equation is correct, but when I solved it by the formula i got

p=1.3215, you were close.

show me how you are using the formula, I can't tell your mistake otherwise.

Reiny,

how did you get p=1.3215 if the correct answer is $1.43 that is what the teacher gave us.

why don't you try to substitude x = 1.43 into the equation x^2 + 35x + 48 = 0

It does not work!

My answer works.

Two possibilities:

1. you copied the equations incorrectly

2. your teacher gave you the wrong answer.

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