Solve the problem.The demand and supply functions of a product are given below, where p represents the price per unit and x represents the number of units in hundreds. Determine the price that gives market equilibrium and the number of units that are demanded and supplied at that price.
A. price: $22
Number of units: 100
B. price: $22
Number of units: 1000
C. price: $220
Number of units: 100
D. price: $220
Number of units: 1000
Answer: D
Mathematics
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Mathematics