The Cool Company determines that the supply function for its basic air conditioning unit is S(p) = 10 + 0.002p3 and that its demand function is D(p) = 50 - 0.04p2, where p is the price. Determine the price for which the supply equals the demand.

$21.86

$22.86

$21.36

$22.36

Question

The Cool Company determines that the supply function for its basic air conditioning unit is S(p) = 10 + 0.002p3 and that its demand function is D(p) = 50 - 0.04p2, where p is the price. Determine the price for which the supply equals the demand.

 $21.86

 $22.86

 $21.36

 $22.36

anonymous · Answer

@amoodarya  @CalebBeavers @zepdrix

anonymous · Answer

I'm thinking you equate s(p) and d(p) and solve for p

10+.002p^3=50-.04p^2

know how to solve?

anonymous · Answer

i got b is that correct?

anonymous · Answer

Nope =p

move things around

.002p^3+.04p^2-40=0

now try to solve

anonymous · Answer

sorry i got A

anonymous · Answer

thats right