Homework Help: algebra

Posted by mike on Thursday, March 5, 2009 at 11:58am.

suppose the supply and demand for a certain videotape are given by:
Supply:p=1/5q^2
Demand p=-1/5q^2+30

where p is price and q is quantity

find the equilibrium price?

algebra - bobpursley, Thursday, March 5, 2009 at 1:17pm
wouldn't you set demand = supply, and solve for q?

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