Solve the System Graphically $p = q ^ { 2 } + 3 q + 125$

question 75

Multiple Choice

Solve the system graphically.
-The supply function for a product is given by $p = q ^ { 2 } + 3 q + 125$ and the demand is given by $p = 555 - 30 q$ , where $\mathrm { p }$ is the price in dollars and $\mathrm { q }$ is the number of hundreds of units. Find the price that gives market equilibrium and the equilibrium quantity.

• A) $305; 1200 units
• B) $100; 555 units
• C) $255; 1000 units
• D) $10; 255 units

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Definitions:

Median

The middle value in a data set, which separates the higher half from the lower half of the data set.

Center

A focal point or hub often used for specific activities or the provision of services.

Cognitive-behavioral

A psychological approach that emphasizes the importance of thought patterns and behaviors in understanding and treating psychological disorders.

Explosive Outbursts

Sudden and extreme expressions of emotion, often anger or frustration, that are disproportionate to the situation at hand.