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 = 129.00 - 0.07x
P = 0.2x - 60
A) (200,115)
B) (700,80)
C) No solution
D) (514,42.8)
E) (300,108)
Correct Answer:

Verified
Correct Answer:
Verified
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