Answer to Question #341531 in Microeconomics for dana

Question #341531

Compute the equilibrium price of buko pie given the following equations : Qd = 750 - 15P Qs = -150 + 30P

Expert's answer

"Q_d=750-15P,"

"Q_s=-150+30P,"

"Q_d=Q_s,"

"900=45P,"

"P=20,"

"Q_d=Q_s=450."

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Dana

16.05.22, 01:06

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