Asked by Janet
Qd=65,000-10,000 (P)
Qs= -35,000 + 15,000 (p)
What is the equilibrium price?
Qs= -35,000 + 15,000 (p)
What is the equilibrium price?
Answers
Answered by
bobpursley
set Qs equal to Qd
65000-10000P=-35000+15000P
25000P=100000
P=4
65000-10000P=-35000+15000P
25000P=100000
P=4
Answered by
Hassan
qs-5000-15000-2(7500)+15000p
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