4. a-bP=6-2P......... ..(1) (2) Qd = Qs = c+dP=2+4P. Qd = Qs = Q Calculate equilibrium price (P) and output (Q).
Posted: Fri Jul 01, 2022 8:13 am
4. a-bP=6-2P......... ..(1) (2) Qd = Qs = c+dP=2+4P. Qd = Qs = Q Calculate equilibrium price (P) and output (Q).