Answer:
The equilibrium point is at x = 6
Step-by-step explanation:
Given


Required
Determine the equilibrium point
The equilibrium point is determined by

Substitute values for Demand and Supply

Cross Multiply


Take positive square root of both sides

Hence;
<em>The equilibrium point is at x = 6</em>
Just do 4.5 x4.5 and get 20.25 then divide that by 55 and get the answer of 2.7 months. Hope this helps
The answer is $2.00 hope this helps