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Find the Equilibrium Point (X,p) of the Demand and Supply  Demand  Supply p=1400.00003xp=90+0.00001x\begin{array}{lr}\text { Demand }&\text { Supply }\\p=140-0.00003 x&p=90+0.00001 x\end{array}

Question 264

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=1400.00003xp=90+0.00001x\begin{array}{lr}\text { Demand }&\text { Supply }\\p=140-0.00003 x&p=90+0.00001 x\end{array}


A) (103, 1,250,000)
B) (-1,250,000, -103)
C) (1,250,000, 103)
D) (103, -1,250,000)
E) (-1,250,000, 103)

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