For the pair of supply-and-demand equations, where x represents the quantity demanded in units of 1000 and p is the unit price in dollars, find the equilibrium quantity and the equilibrium price. 2x + 7p - 56 = 0 and 3x - 11p + 45 = 0
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Home » Mathematics » For the pair of supply-and-demand equations, where x represents the quantity demanded in units of 1000 and p is the unit price in dollars, find the equilibrium quantity and the equilibrium price. 2x + 7p - 56 = 0 and 3x - 11p + 45 = 0