Step 1

Consider the given equations:

d(p)= 14,400-5p

s(p)= 1,500+2p

Step 2

For equilibrium demand equals supply, therefore,

d(p)=s(p)

14400-5p=1500+2p

7p=12900

p=1842.86

Step 3

Quantity for supply is determined as follows:

s(p)=1500+2p

\(\displaystyle{s}{\left({1842.86}\right)}={1500}+{2}\times{1842.86}\)

=5185.72

Consider the given equations:

d(p)= 14,400-5p

s(p)= 1,500+2p

Step 2

For equilibrium demand equals supply, therefore,

d(p)=s(p)

14400-5p=1500+2p

7p=12900

p=1842.86

Step 3

Quantity for supply is determined as follows:

s(p)=1500+2p

\(\displaystyle{s}{\left({1842.86}\right)}={1500}+{2}\times{1842.86}\)

=5185.72