Math Problem Statement

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Quadratic Equations
Market Equilibrium

Formulas

Demand function: P_d = 50 - 5Q
Supply function: P_s = Q^2 + Q + 10
Equilibrium condition: P_d = P_s

Theorems

Quadratic equation solving

Suitable Grade Level

High School Economics or College-level