contestada

Price

p = 10q²+2q
(supply).

p = 150 - 6q2
(demand).

Quantity
(in hundreds of units)

Above is a graph of a supply and demand curve.

1. Find the Equilibrium point from the graph. Clearly mention the equilibrium quantity and equilibrium
price.

2. Show algebraic work to find equilibrium point to
support your answer that you found from the graph.

Price p 10q2q supply p 150 6q2 demand Quantity in hundreds of units Above is a graph of a supply and demand curve 1 Find the Equilibrium point from the graph Cl class=

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