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 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
 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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mgarcia634
 2 years ago
Best ResponseYou've already chosen the best response.0@amoodarya @CalebBeavers @zepdrix

CalebBeavers
 2 years ago
Best ResponseYou've already chosen the best response.0I'm thinking you equate s(p) and d(p) and solve for p 10+.002p^3=50.04p^2 know how to solve?

mgarcia634
 2 years ago
Best ResponseYou've already chosen the best response.0i got b is that correct?

CalebBeavers
 2 years ago
Best ResponseYou've already chosen the best response.0Nope =p move things around .002p^3+.04p^240=0 now try to solve
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