The number x of picture cellphones a manufacturer is willing to sell at price p is given by x = p^2/5 − 20, where p is the price, in dollars, per picture cellphone. The number x of picture cellphones a distributor is willing to purchase is given by x = 51,948/p + 1, where p is the price, in dollars, per picture cellphone. Find the equilibrium price.
are they asking you to solve \[x=\frac{51948}{p+1}\\ x=p^{\frac{2}{5}}-20\]??
yup
\[\frac{51948}{p+1}=p^{\frac{2}{5}}-20\] is a start then \[51948=(p+1)(p^{\frac{2}{5}}-20)\] after that i guess we have to multiply out
i don't think there is a nice algebra way to do this, i would use a computer http://www.wolframalpha.com/input/?i=51948%3D%28p%2B1%29%28p^ {\frac{2}{5}}-20%29
this one should work http://www.wolframalpha.com/input/?i=51948%3D%28p%2B1%29%28p^%282%2F5%29-20%29
wait. i wrote the wrong equation.. let me write it again
\[x= \frac{ p^2 }{ 5 }-20\] \[x= \frac{ 51948 }{p+1 }\]
then this one is \[51948=(p+1)(\frac{1}{5}p^2-20)\]
what's the next step sir?
you will get a cubic equation if you multiply out you get \[p^3+p^2-100 p-259840 = 0\] but it is not that easy to solve a cubic equation
oh also i multiplied by 5 to get rid of the fraction in any case it turns out that one solution is \(64\) but i only know that because of this http://www.wolframalpha.com/input/?i=%28x%2B1%29%28x^2-100%29%3D51948*5
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