Question

How to get quantity supply

Answer 1

Answer:

1. Set quantity demanded equal to quantity supplied:
2. Add 50P to both sides of the equation. You get.
3. Add 100 to both sides of the equation. You get.
4. Divide both sides of the equation by 200. You get P equals $2.00 per box. This is the equilibrium price.

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Answer 2

Answer:

Supply is described by the equation QS= 50 + 25P where QS is quantity supplied. What is the equilibrium price and quantity? divide both sides by 75 to get P = 6. So we know that equilibrium price is 6, and equilibrium quantity is 200

Explanation: