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Suppose the demand function for a commodity is given by the equation p + 16q...

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Suppose the demand function for a commodity is given by the equation p + 16q =1,800 and the supply function is given by the equation 900-p + 4q = 0.Solve the supply equation for p.p=__________Substitute this value for p in the demand equation and solve for q.q=__________Find the equilibrium quantity.__________Find the equilibrium price. (Round your answer to two decimal places)$____________

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Suppose the demand function for a commodity is given by the equation p + 16q =1,800 and the supply function is given by the equation 900-p + 4q = 0.Solve the supply equation for p.p=__________Substitute this value for p in the demand equation and solve for q.q=__________Find the equilibrium quantity.__________Find the equilibrium price. (Round your answer to two decimal places)$____________

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