1. **State the problem:** Find the equilibrium price and quantity where demand equals supply.
2. **Given functions:** Demand price $p=8-D^2$ and supply price $p=D^2+6D$.
3. **Equilibrium condition:** At equilibrium, demand price equals supply price:
$$8-D^2 = D^2 + 6D$$
4. **Solve for $D$:**
$$8 - D^2 = D^2 + 6D$$
$$8 = 2D^2 + 6D$$
$$2D^2 + 6D - 8 = 0$$
Divide entire equation by 2:
$$D^2 + 3D - 4 = 0$$
5. **Factor the quadratic:**
$$(D + 4)(D - 1) = 0$$
6. **Find roots:**
$$D = -4 \quad \text{or} \quad D = 1$$
7. **Interpret roots:** Quantity $D$ cannot be negative, so $D=1$ is the equilibrium quantity.
8. **Find equilibrium price:** Substitute $D=1$ into either function, e.g., demand:
$$p = 8 - (1)^2 = 8 - 1 = 7$$
**Final answer:** Equilibrium quantity is $D=1$ and equilibrium price is $p=7$.
Equilibrium Price Quantity 23096D
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