Answer to Question #153527 in Microeconomics for Dalen

Question #153527

P = 50-0.1Q, P=20$

Please kindly explain about this exercise.

Expert's answer

"20 = 50-0.1Q \\\\\n\n20-50 = -0.1Q \\\\\n\n-30 = -0.1Q \\\\\n\n30 = 0.1Q \\\\\n\n10 \\times 30 = 10 \\times 0.1Q \\\\\n\n300 = Q \\\\\n\nQ = 300"

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