The management of the Titan Tire Company has determined that the weekly demand and supply functions for their Super Titan tires are given by

P = 144 – x²
P = 48 + ½ x²
Respectively, where p is measured in dollars and x is measured in units of a thousand. Find the equilibrium quantity and price. Please show work.

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144 - x² = 48 + (1/2) * x²

96 = (3/2)*x²

x² = 64...
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