Solve the Problem $S ( p ) = 200 - 2 p + 0.00001 p ^ { 4 }$

question 250

Multiple Choice

Solve the problem.
-Photon Lighting Company determines that the supply and demand functions for its most popular lamp are as follows:
$S ( p ) = 200 - 2 p + 0.00001 p ^ { 4 }$ and $D ( p ) = 1400 - 0.0006 p ^ { 3 }$ , where $p$ is the price. Determine the price for which the supply equals the demand.

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

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