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
Answers
Answered by
4
♀️Please Send the image of the question ...
I think then I will able to answer your question or doubt ✌
I think then I will able to answer your question or doubt ✌
Similar questions