The demand equation for the Schmidt-3000 fax machine is , where x is the quantity demanded per week and p is the unit price in dollars. The supply equation is , where x is the quantity the supplier will make available in the market when the unit price is p dollars. Find the equilibrium quantity and the equilibrium price for the fax machines. __________ $ __________

Question

The demand equation for the Schmidt-3000 fax machine is  , where x is the quantity demanded per week and p is the unit price in dollars. The supply equation is  , where x is the quantity the supplier will make available in the market when the unit price is p dollars. Find the equilibrium quantity and the equilibrium price for the fax machines.  __________  $ __________

Quizplus · Accepted Answer

The Answer of The demand equation for the Schmidt-3000 fax machine is  , where x is the quantity demanded per week and p is the unit price in dollars. The supply equation is  , where x is the quantity the supplier will make available in the market when the unit price is p dollars. Find the equilibrium quantity and the equilibrium price for the fax machines.  __________  $ __________

The Demand Equation for the Schmidt-3000 Fax Machine Is