QUESTION
The demand and supply functions for pans are
q=710−5,5p and p=3,5q+57,5,
respectively, with the price in rand and q the quantity in boxes. Find the point(s) where the demand and supply function intersect.
a. (p;q)=(126;14,556)
b. (p;q)=(14,556;126)
c. (p;q)=(126;126)
d. (p;q)=(14,556;14,556)
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