Question

The supply and demand for a product are related to price by the following equations, where...

The supply and demand for a product are related to price by the following equations, where y is the price, in dollars, and x is the number of units, in thousands. Find the equilibrium point for this product.
y= S(x)= 300+60x
y=D(x)= 16800-50x
the equilibrium point is (___,___)

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