Suppose the demand (Qd) is given by Qd = 400 - 2P and the supply (Qs) is given by Qs = -50+ 3P, where P is the price. In
Posted: Sun May 29, 2022 7:45 pm
Suppose the demand (Qd) is given by Qd = 400 - 2P and the supply (Qs) is given by Qs = -50+ 3P, where P is the price. In this market, the equilibrium price is is 90; 220 200; 550 16.67; 366 70; 260 and the equilibrium quantity