Math Problem Statement
Qd = 90-5p² Qs = 7p²+p+35
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Quadratic Equations
Equilibrium in Economics
Formulas
Quadratic equation: ax² + bx + c = 0
Equilibrium condition: Qd = Qs
Quadratic formula: p = (-b ± √(b² - 4ac)) / 2a
Theorems
Quadratic Formula
Suitable Grade Level
Grades 10-12
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