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. ?(-500, -115)
B. ??(500, 115)
C. ??(-500, 115)
D. ?(115, -500)
E. ??(115, 500)
Answer: B
Mathematics
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