Question: Solve the problem. Let the demand and supply functions be represented by D(p) and S(p), where p is the price in dollars. Find the equilibrium
Solve the problem.
Let the demand and supply functions be represented by D(p) and S(p), where p is the price in dollars. Find the equilibrium price and equilibrium quantity for the given functions.
D(p)=124,160-280p
S(p)=690p
$410;9360
$410;88,320
$179;74,040
$128;88,320
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