The market for N-95 masks is perfectly competitive. Market Demand is given by Q=465-2P and Market Supply is given by Q=3
Posted: Sun Jun 05, 2022 4:08 pm
The market for N-95 masks is perfectly competitive. Market Demand is given by Q=465-2P and Market Supply is given by Q=3P. The government imposes a price floor of $54. What is market price with this price floor?