Answer to Question #323912 in Microeconomics for Hunaiza

Question

plot the supply and demand curve Qd= 3000-10P Qs=-10000 + 10P

Answer 1

$Q_d=3000-10p,$

$Q_s=-10000+10p,$

$Q_d=Q_s,$

$3000-10p=-10000+10p,$

$13000=20p,$

$p=650,$

$Q_d=Q_s=-3500.$