Economy, asked by misshalu30, 7 months ago

2. Suppose the demand equation for computers by Teetan Ltd for the year 2017 is given by Qd= 1200-P and the supply equation is given by Qs= 120+3P. Find equilibrium price and analyse what would be the excess demand or supply if price changes to Rs 400 and Rs 120. (Answer should not less than 700 and more than 1000 word)

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Answered by mohdahad3334

1

Answer:

sorry I don't understand the question

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