Given,"Qd= 6500- 100P," "Qs= 1200P"
At equilibrium "Qd=Qs"
Therefore, 6500-100P= 1200P.
1300P= 6500
P= 6500/1300= 5
Qs= 1200P = 1200*5 = 6000
Qd =6500-100*5 = 6000
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