Question: Find the equilibrium point(x,q) given the demand and supply functions for the coffee makers.Hereq represents the number of coffee makers produced andx is the price,
Find the equilibrium point(x,q) given the demand and supply functions for the coffee makers.Hereq represents the number of coffee makers produced andx is the price, in dollars.
The demand function is q=102x
and the supply function is q=x2 + 2
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