Question #333737

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


1
Expert's answer
2022-04-25T16:58:03-0400

Qd=50−8P,Q_d=50-8P,

Qs=17.5+10P,Q_s=17.5+10P,

Qd=Qs,Q_d=Q_s,

50−8P=17.5+10P,50-8P=17.5+10P,

32.5=18P,32.5=18P,

P=1.8,P=1.8,

Qd=Qs=35.6.Q_d=Q_s=35.6.


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