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mgarcia634

  • 2 years ago

The Cool Company determines that the supply function for its basic air conditioning unit is S(p) = 10 + 0.002p3 and that its demand function is D(p) = 50 - 0.04p2, where p is the price. Determine the price for which the supply equals the demand. $21.86 $22.86 $21.36 $22.36

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  1. mgarcia634
    • 2 years ago
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    @amoodarya @CalebBeavers @zepdrix

  2. CalebBeavers
    • 2 years ago
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    I'm thinking you equate s(p) and d(p) and solve for p 10+.002p^3=50-.04p^2 know how to solve?

  3. mgarcia634
    • 2 years ago
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    i got b is that correct?

  4. CalebBeavers
    • 2 years ago
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    Nope =p move things around .002p^3+.04p^2-40=0 now try to solve

  5. mgarcia634
    • 2 years ago
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    sorry i got A

  6. CalebBeavers
    • 2 years ago
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    thats right

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