Economy, asked by harijananmol0, 1 day ago

Let Qd stand for the quantity demanded, Qs stand for the quantity supplied, and P stand for price.If Qd = 20 - 2P and Qs = 5 + 3P, then the equilibrium price is​

Answers

Answered by boogrizzy17
3

Answer:

The correct answer is: d. 14

At the equilibrium point, the quantity demanded is equal to the quantity supplied

(

Q

d

=

Q

s

)

.

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