Find the Equilibrium Point (X,p)of the Demand and Supply Equations $p = 410 - 0.0004 x$

question 19

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 $p = 410 - 0.0004 x$ $p = 230 + 0.0002 x$ ​

• A)​(290,300,000)
• B)​(290,-300,000) ​
• C)(-300,000,-290) ​
• D)(300,000,290)
• E)(-300,000,290) ​

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