Find the Market Equilibrium Point for the Following Demand and Supply

question 105

Multiple Choice

Find the market equilibrium point for the following demand and supply functions below, where p is price per unit and q is the number of units produced and sold. ​
Demand: Supply: ​

---

Definitions:

Terminal Buttons

Small knobs at the end of an axon that release chemicals called neurotransmitters into the synapse.

Synaptic Cleft

The small gap at a synapse between neurons, through which neurotransmitters are released and received.

Dendrites

Branch-like extensions of neurons that receive electrochemical messages from other neurons, crucial for the transmission of neural signals.

Resting Potential

The difference in electric charge between the inside and outside of a neuron's cell membrane when the neuron is not actively transmitting a signal.