Find the Equilibrium Point (X,p)of the Demand and Supply Equations $p = 140 - 0.00003 x$

question 10

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 $p = 140 - 0.00003 x$ $p = 90 + 0.00001 x$ ​

• A)(103,1,250,000)
• B)​(-1,250,000,-103)
• C)​(1,250,000,103)
• D)​(103,-1,250,000)
• E)​(-1,250,000,103)

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