Answer to Question #318723 in Microeconomics for Diggy

Question #318723

Zodwa P=50-2Q Lihle P=60-3Q

Deduce the market quantity identity for ice cream

Expert's answer

"P=50-2Q,"

"P=60-3Q,"

"50-2Q=60-3Q,"

"Q=10,"

"P=30."

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