Question: Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given. Supply: p=q 2 +30q Demand: p= 4q 2

Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given.

Supply: p=q2+30q

Demand: p= 4q2+10q+19,200

The equilibrium quantity is q = ?

The equilibrium price is p = $?

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