Asked by Dinish
In a perfect competitive market, industry demand is P = 850 – 2Q, and industry supply is P = 250 + 4
Answers
Answered by
economyst
I think something is missing and something is odd. the supply equation doesnt have a Q in it and the demand equation has some weird character.
Regardless, set supply=demand and solve.
Regardless, set supply=demand and solve.
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