Suppose the price p of bolts is related to the quantity q that is demanded by: p = 540 - 5q^2 where q is measured in hun

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answerhappygod
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Suppose the price p of bolts is related to the quantity q that is demanded by: p = 540 - 5q^2 where q is measured in hun

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Suppose the price p of bolts is related to the quantity q thatis demanded by:
p = 540 - 5q^2where q is measured in hundreds of bolts. Suppose the supplyfunction for bolts is given by
p = 5q^2,where q is the number of bolts (in hundreds) that are supplied atprice p. Find the
equilibrium supply.
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