Find the Equilibrium Point (X,p)of the Demand and Supply Equations $p = 570 - 0.5 x$

question 16

Multiple Choice

Find the equilibrium point (x,p) 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 $p = 570 - 0.5 x$ $p = 370 + 0.3 x$ ​

• A)(250,445)​
• B)​​(445,-250)​
• C)​(445,250)​
• D)​(-250,445)​
• E)​(-250,-445)​

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