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Find the Equilibrium Point (X,p) of the Demand and Supply  Demand  Supply p=5700.5xp=370+0.3x\begin{array}{lr}\text { Demand }&\text { Supply }\\p=570-0.5 x&p=370+0.3 x\end{array}

question 268

Multiple Choice

Find the equilibrium point (x,p) of the demand and supply equations.The equilibrium point is the price p and number of units x that satisfy both the demand and supply equations.
 Demand  Supply p=5700.5xp=370+0.3x\begin{array}{lr}\text { Demand }&\text { Supply }\\p=570-0.5 x&p=370+0.3 x\end{array}


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