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?

## Answer This Question

## Related Questions

- statistics - 20. Supply and Demand Let the supply and demand functions for ...
- ecomonics - I am trying to understand the math part of supply and demand . I am ...
- Basic: Demand and Supply - Question: Can you please check whether or not my ...
- Supply and Demand - 50) the monthly demand and supply functions for the Luminar ...
- finance - Entrepreneur Edward is planning to open a business selling ice cream. ...
- economics - in the simple economics of a competitive market price increases ...
- Calculus - The supply and demand functions for a certain commodity are given by...
- Mircoeconomics: Elasticity - Please help! I have a mid-term test in a couple of ...
- algebra - Supply and demand. The supply and demand for the sale of stereos by ...
- Econ - How does the aggregate goods and services market differ from the regular...

More Related Questions