Question

The following are the demand and supply function for the three computing

products

1 = 46 − 101 + 22 + 23

1 = 121 − 16
2 = 30 + 21 − 62 + 43

1 = 62 − 22

3 = 38 + 21 + 42 − 83

1 = 63 − 10

Determine whether there are prices which would bring the supply and demand

levels into equilibrium for each of the three products. If so, what are the

equilibrium demand and supply quantities?

(Note: Use matrix, A inverse method to find the values of Prices)​

Answer 1

Answer:

In microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, in a competitive market, the unit price for a particular good,

Answer 2

Answer:

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