Question

Given market demand Qd
50 - P, and market supply P = Qs + 5 A). Find the market
equilibrium price and quantity? B) What would be the state of the market if market
price was fixed at Birr 25 per unit? c) Calculate and interpret price elasticity of demand
at the equilibrium point.
25146220708​

Answer 1

Answer:

sorry I don't know

please follow me