Solve the problem.
-Suppose the supply and demand for a certain videotape are given by:
$$\text { supply: } \mathrm{p}=\frac{1}{5} \mathrm{q}^{2} ; \quad \text { demand: } \mathrm{p}=-\frac{1}{5} \mathrm{q}^{2}+36$$
Where $p$ is price and $q$ is quantity.
Find the equilibrium demand.
A) About 8
B) About 11
C) About 9
D) About 10

Question

Quizplus · Accepted Answer

The Answer of Solve the problem.
-Suppose the supply and demand for a certain videotape are given by:
$$\text { supply: } \mathrm{p}=\frac{1}{5} \mathrm{q}^{2} ; \quad \text { demand: } \mathrm{p}=-\frac{1}{5} \mathrm{q}^{2}+36$$
Where $p$ is price and $q$ is quantity.
Find the equilibrium demand.
A) About 8
B) About 11
C) About 9
D) About 10

Solve the Problem supply: p=15q2; demand: p=−15q2+36\text { supply: } \mathrm{p}=\frac{1}{5} \mathrm{q}^{2} ; \quad \text { demand: } \mathrm{p}=-\frac{1}{5} \mathrm{q}^{2}+36 supply: p=51​q2; demand: p=−51​q2+36

Solve the Problem $\text { supply: } \mathrm{p}=\frac{1}{5} \mathrm{q}^{2} ; \quad \text { demand: } \mathrm{p}=-\frac{1}{5} \mathrm{q}^{2}+36$