Economy, asked by devil12387, 3 months ago

25. Where market demand and market
supply equals each other,what of the
following is determined there ?
1. Equilibrium price
2. Equilibrium quantity
3. Both a and b
4. None​

Answers

Answered by Anonymous
0

Explanation:

Set quantity demanded equal to quantity supplied:

Add 50P to both sides of the equation. You get.

Add 100 to both sides of the equation. You get.

Divide both sides of the equation by 200. You get P equals $2.00 per box. This is the equilibrium price.

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