Оро (SHOW WORKINGS) Suppose the demand for a commodity X is represented by the equation P = 10 -0.2Q and the supply by t
Posted: Wed Mar 09, 2022 8:29 am
by answerhappygod
1 (21.94 KiB) Viewed 39 times
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.