Purchase Solution

Calculate the Equilibrium Price

Not what you're looking for?

Ask Custom Question

If the supply/demand for a product are given by:

Supply: p = 1/6q^2; demand p = -1/6q^2 +36
Where p is the price and q is quantity.

What is the equilibrium price?

Purchase this Solution

Solution Summary

This solution provides calculations for equilibrium price.

Purchase this Solution


Free BrainMass Quizzes
MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.

Motivation

This tests some key elements of major motivation theories.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.