Find the Equilibrium Point (X,p)of the Demand and Supply Equations

question 47

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 = 129.00 - 0.07x
P = 0.2x - 60
​

• A)​(200,115)
• B)(700,80)
• C)No solution
• D)​(514,42.8)
• E)(300,108)​

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