Qd= 400-3ps Qs= 200+2p
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Explanation:
Qd=Q's
400-3p=200+2p
400-200= 3p+2p
200=5p
p= 200/5
p= 40
hence p= 40
Qd= 400-3p
Qd =400-120=280
Qs= 200+2p
=200+80
= 280
I hope you got the answer.
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