Оро (SHOW WORKINGS) Suppose the demand for a commodity X is represented by the equation P = 10 -0.2Q and the supply by t

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Оро (SHOW WORKINGS) Suppose the demand for a commodity X is represented by the equation P = 10 -0.2Q and the supply by t

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Оро (SHOW WORKINGS) Suppose the demand for a commodity X is represented by the equation P = 10 -0.2Q and the supply by the equation P = 2 + 0.2Q. The equilibrium price and quantity would be: 2 and 10 respectively. 7 and 30 respectively. 6 and 20 respectively. 04 and 30 respectively.
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