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December 27, 2014

Homework Help: math

Posted by mathstudent05 on Thursday, May 24, 2007 at 1:15pm.

i also need help with this one:

Supply and Demand let the supply and demand functions for butter pecan cream be given by.

P= s(q)= (2)/(5)q and p = D(q) = 81- (3)/(4)q

where p is the price in dollars and q is the number of batches.

A) Find the equilibrium quantity and the quilibrium price.

is there a formula for this because i am not understanding?

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