Question: For given a supply equation and demand equation for a product. If p represents price per unit in dollars and q represents the number of
For given a supply equation and demand equation for a product. If p represents price per unit in dollars and q represents the number of units per unit of time, find the equilibrium point. 2480 Supply equation is p = q + 10, demand equation is p = q+ 20 The equilibrium point is (q.p) =]. (Type an ordered pair, using integers or fractions. Type an exact answer, using radicals as needed.)
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