The demand for your hand-made skateboards, in weekly sales, is  q = −5p + 500  if the selling price is $p. You are prepared to supply  q = 5p − 300  per week at the price $p. What price should you sell your skateboards for so that there is neither a shortage nor a surplus? $  per skateboard

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.38TI: US Census data shows that the median price of new home in the U.S. in November 2014 was $280,900....
Question
The demand for your hand-made skateboards, in weekly sales, is 
q = −5p + 500
 if the selling price is $p. You are prepared to supply 
q = 5p − 300
 per week at the price $p. What price should you sell your skateboards for so that there is neither a shortage nor a surplus?
$  per skateboard
 
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