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=2q^2+10q+8500 The

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

Supply: p =q^2 + 30q

Demand: p=2q^2+10q+8500

The equilibrium quantity is q=

(Round to the nearest whole number asneeded.)

The equilibrium price is p=$

(Round to the nearest dollar asneeded.)

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