Answer to Question #97986 in Macroeconomics for Vincent Gomez

Question #97986
suppose the demand curve for a product is given as Qdx =300-2p+4 i, where i is income.
The supply curve is Qs =3p-50
(a) if i =25, fine the market-clearing price
(b) if i =50, fine the market-clearing price
(c) present your results in a graphical diagram
1
Expert's answer
2019-11-04T08:08:20-0500
Dear Vincent Gomez, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS