Question

Hello! ♥️
_____________________
Question goes like this -

Q-If the demand and supply curve for computers is:

D = 100 - 6P, S = 28 + 3P

Where P is the price of computers, what is the quantity of computers bought and sold at equilibrium?
________________________​

Answer 1

Answer:

$\huge\red{Answer}$

$\odot$ As suggested equilibrium quantity will be where supply meets or equals demand. So first we'll set supply equal to demand

Explanation:

$\implies$100-6p = 28+3p

Rearrange

$\implies$72 = 9p

Which simplifies -- P= 8

Now we know the equilibrium price, we can solve for the equilibrium quantity by simply substituting P = 8 into the supply or the demand equation

Substituting

S = 28 + 3×8= 28 +24 = 52

÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷

°°°Thus, the equilibrium price is 8, and the equilibrium quantity is 52.°°°

÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷

°°PrathamAbd°°

Answer 2

Answer:

Dimension of Planck’s constant is equivalent to the dimension of Angular momentum. Both have dimensions ML2T−1