Solve the problem.Let the demand and supply functions be represented by D(p) and S(p), where p is the price in dollars. Find the equilibrium price and equilibrium quantity for the given functions.D(p) = 265,860 - 260pS(p) = 1000p

A. $265; 196,960
B. $211; 211,000
C. $740; 73,460
D. $740; 211,000


Answer: B

Mathematics

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