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A supply function has the equation q^2=3p80, and the demand function is given by the equation 3q^2+6q=140p.
A supply function has the equation q^2=3p−80, and the demand function is given by the equation 3q^2+6q=140−p. Find the equilibrium point for this market, that is, both the A)quantity and the B)unit price in equilibrium.