A price of $30 per office chair, 180 office chairs are demanded by consumers, but at a price of $70 per office chair, only 120office chairs are demanded.

The supplier is willing to supply x office chairs for a price, in dollars, of

p(x) = 0.175x + 99.5.

(a)

What is the market equilibrium quantity of office chairs?

 office chairs

(b)

What is the market equilibrium price in dollars?

$

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