Find the equilibrium point for the following supply and demand functions. Demand: p = -69 + 200 Supply: p = 139 + 10 (q, p) =

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter14: Discrete Dynamical Systems
Section14.3: Determining Stability
Problem 1YT
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Find the equilibrium point for the following supply and demand functions.
-6q + 200
139 + 10
(q, p): =
Demand: р =
Supply:
p =
Transcribed Image Text:Find the equilibrium point for the following supply and demand functions. -6q + 200 139 + 10 (q, p): = Demand: р = Supply: p =
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