Ask a New Question

the supply and demand function for a product are qs = (S)p=5p^2-800 and qd= D(p)=2p^2-80p+3500. Determine the market equilibrium price pe and quantity qe

Ask a New Question or answer this question.

Similar Questions

How is elasticity of supply related to elasticity of demand? Is this correct?I know that the terms supply and demand refer to
1. 1 answer
Given the demand & supply Function for product 'x' at california university have been estimated as:Qd= 5000- 4 (price)+ 0.2
1. 0 answers
The supply function for a product is 2p-q-10=0, while the the demand function for the same product is (p+10)(q+30) = 7200. Find
1. 3 answers
The supply function for a product is2p − q − 50 = 0, while the demand function for the same product is (p + 10)(q + 30) =
1. 1 answer

more similar questions