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p = 590 - 4q ^2 where q is measured in hundreds of bolts.
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Suppose the price p of bolts is related to the quantity q that is demanded by: p = 590 - 4q ^2 where q is measured in hundreds of bolts. Suppose the supply function for bolts is given by p = 4q^ 2, where q is the number of bolts (in hundreds) that are supplied at price p. Find the equilibrium supply
) Suppose the price p of bolts is related to the quantity q that is demanded by: p = 590 - 5q ^2 where q is measured in hundreds of bolts. Suppose the supply function for bolts is given by p = 5q^ 2, where q is the number of bolts (in hundreds) that are supplied at price p. Find the equilibrium price
