Economy, asked by nathcnwankwo, 4 months ago

Given the demand and supply equations
Qd=55-1/3p and Qs=10+2/3p
Find
1) equilibrium price and quantity
2) if the price rises to #60 what will be the excess supply

Answers

Answered by obinnaemmanuel720

3

Answer:

the equilibrium quantity

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