See similar example in:
http://www.jiskha.com/display.cgi?id=1307410080
50) the monthly demand and supply functions for the Luminar desk lamp are given by
p=d(x)= -1.1x^2 + 1.5x + 40
p= s(x)= 0.1x^2 + 0.5x + 15
respectively, where p is measured in dollars and x in units of a thousand. Find the equilibrium quantity and price.
2 answers
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