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.

?

DemandSupply?



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)


Answer: C

Mathematics

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