Question

The demand equation for a certain cell phone is given by ? = −.001?2 + 250...

The demand equation for a certain cell phone is given by

? = −.001?2 + 250

where p is the price of per phone (in dollars) and q is the number of phones that can be sold at this price. The supply function is given by

? = 0.0006?2 + 0.02? + 100

dollars per camera.
Find the equilibrium price and use it calculate the producers and at the equilibrium price level.

?? = ?̅?̅ − ∫ ?(?)??

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