The demand and supply equations for a certain item are given by
D = -5p + 40
s = -p^2+30p-8
Find the equilibrium price.
Wouldn't you set demand equal to supply, and solve for P? I will be happy to critique your work.
D = -5p + 40
s = -p^2+30p-8
Find the equilibrium price.
Wouldn't you set demand equal to supply, and solve for P? I will be happy to critique your work.