Answer to Question #333737 in Macroeconomics for sibobo

Question #333737

Qd(=50-8P) and Qs(=17.5+10P)

Expert's answer

"Q_d=50-8P,"

"Q_s=17.5+10P,"

"Q_d=Q_s,"

"50-8P=17.5+10P,"

"32.5=18P,"

"P=1.8,"

"Q_d=Q_s=35.6."

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