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.
There are no AI answers yet. The ability to request AI answers is coming soon!

Related Questions