The supply and demand curves for a business dealing with wheat are
Supply:
p = 1.41 + 0.00016x2
Demand:
p = (2.343 − 0.008x)2
where p is the price in dollars per bushel and x is the quantity in bushels per day. Use a graphing utility to graph the supply and demand equations and find the market equilibrium. (The market equilibrium is the point of intersection of the graphs for
x > 0.
Round your answers to two decimal places.)
x =
buchels
p = $