Question

give market demand demand Quantity=50 -p and market supply price=Quantity supply+5 a.find the market equilibrium price quantity b. what would be the state of the market if market price was fixed at birr 25 per unit c. calculate and interpreter price elasticity of demand at equilibrium point.

Answer 1

Answer:

give market demand demand Quantity=50 -p and market supply price=Quantity supply+5 a.find the market equilibrium price quantity b. what would be the state of the market if market price was fixed at birr 25 per unit c. calculate and interpreter price elasticity of demand at equilibrium point.

Explanation:

hhjfzdahmNDGMdhamadhHDAMDAHMFHMHDH