Given the supply and demand functions
P = QS2 + 10QS + 30
P = - QD2 - 8QD + 200
Calculate the equilibrium price, correct to 2 decimal places.
A)89.59
B)48.64
C)5.76
D)120.76
E)142.39

Name: Given the supply and demand functions P = QS2 + 10QS + 30 P = - QD2 - 8QD + 200 Calculate the equilibrium price, correct to 2 decimal places. A)89.59 B)48.64 C)5.76 D)120.76 E)142.39
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Question

Given the supply and demand functions 
P = QS2 + 10QS + 30
P = - QD2 - 8QD + 200
Calculate the equilibrium price, correct to 2 decimal places.
A)89.59
B)48.64
C)5.76
D)120.76
E)142.39

Quizplus · Accepted Answer

The Answer is D

Given the Supply and Demand Functions