Find the Equilibrium Point of the Demand and Supply Equations $p$

question 26

Multiple Choice

Find the equilibrium point 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
$p = 130 - 0.09 x$
$p = 0.4 x - 115$

• A) \(( 500,85 )\)
• B) \(( 200,112 )\)
• C) \(( 835,219 )\)
• D) \(( 300,103 )\)
• E) inconsistent

Understand the impact of input prices on the cost of producing goods.

Understand the definitions and stages of cancer.

Recognize different types of cancers based on tissue or cell origin.

Identify medical terminology related to cancer treatment and diagnosis.

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Definitions:

Autonomy

In Ryan and Deci’s self-determination theory, one of three basic or universal needs. Being in control of oneself, or feeling that one’s behavior is congruent with one’s “true self,” meaning that it is intrinsically motivated.

Emotional Response

The automatic, psychological reaction to an external event or internal thought process, often experienced through feelings such as joy, fear, or anger.

Behavior Regulation

The ability to manage and control one's actions, responses, and emotions in accordance with societal norms or personal goals.