107 824
Assignments Done
100%
Successfully Done
In March 2025
In March 2025
Your physics assignments can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Physics
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Math
Our experts will gladly share their knowledge and help you with programming projects. Keep up with the world’s newest programming trends.
Programming
Answer to Question #206433 in Microeconomics for daniel
Question #206433
1. If Qs = -20 + 10p, and Qd = 400 - 20p, what is the equilibrium price and quantity? (2 marks)
Expert's answer
"Qd=Qs"
"400-20p=-20+10p"
"400+20=10p+20p"
"420=30p"
"P=14"
"Q=400-20(14)\\\\=400-280\\\\=120"
Learn more about our help with Assignments: Microeconomics
Comments
Leave a comment