Economy, asked by admasuketema5, 7 months ago

The market demand and supply equations for a commodity are QD=50-10P QS=20 +2.5P a. What is the equilibrium price and equilibrium quantity?

Answers

Answered by Anonymous

13

Answer:

either the demand or supply equation to determine the equilibrium quantity: QD = 100 - (5)(5) = 75 and. QS = 50 + (5)(5) = 75. We find that ...

Explanation:

$\textit{\large{\pink{\underline{\underline{Step by step Explanation:-}}}}}$ [tex]\mathrm{2\ ...

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