amandaroo6516 amandaroo6516

12-04-2024
Business

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Photon Lighting Company determines that the supply and demand functions for its most popular lamp are as follows: S(p)=300-3p+0.000015p⁴ and D(p)=2100-0.0009p³, where p is the price in dollars. Determine the equilibrium price and quantity.

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