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Find the Equilibrium Point of the Demand and Supply Equations pp

Question 120

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Find the equilibrium point of the demand and supply equations. (The equilibrium point is the price pp and number of units xx that satisfy both the demand and supply equations.)
 Demand  Supply p=1300.09xp=0.4x115\begin{array} { l l } \text { Demand } & \text { Supply } \\p = 130 - 0.09 x & p = 0.4 x - 115\end{array}


A) (500,85) ( 500,85 )
B) (200,112) ( 200,112 )
C) (835,219) ( 835,219 )
D) (300,103) ( 300,103 )
E) inconsistent

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