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: p=590-0.4x*

*supply: p=360+0.1x*

#### Top Answer

the point of equilibrium is... View the full answer

#### Sign up to view the full answer

#### Other Answers

The equilibrium... View the full answer