Solve.The supply function for a product is given by p = q2 + 3q + 125 and the demand is given by
where p is the price in dollars and q is the number of hundreds of units. Find the price that gives market equilibrium and the equilibrium quantity.
A. $10; 255 units
B. $305; 1200 units
C. $255; 1000 units
D. $100; 555 units
Answer: C
Mathematics
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