Photon Lighting Company Determines That the Supply and Demand Functions $S ( p ) = 300 - 3 p + 0.000015 p ^ { 4 } \text { and } D ( p ) = 2100 - 0.0009 p ^ { 3 }$

question 101

Multiple Choice

Photon Lighting Company determines that the supply and demand functions for its most popular lamp are as follows: $S ( p ) = 300 - 3 p + 0.000015 p ^ { 4 } \text { and } D ( p ) = 2100 - 0.0009 p ^ { 3 }$ , where p is the price. Determine the price for which The supply equals the demand.

• A) $99.24
• B) $100.24
• C) $96.24
• D) $93.24

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