Elementary and Intermediate Algebra: Concepts & Applications (6th Edition)

Published by Pearson
ISBN 10: 0-32184-874-8
ISBN 13: 978-0-32184-874-1

Chapter 8 - Systems of Linear Equations and Problem Solving - Study Summary - Practice Exercises - Page 570: 14



Work Step by Step

We know that the equilibrium point is the intersection of the supply and demand functions. Thus, we find that the equilibrium point is: $$ 60+9p=195-6p\\ 15p=135\\ p=9$$
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