Question #275639

Qd = 20,000 - 3P Qs = 15,000 + 2P

calculate the equilibrium price and quantity


1
Expert's answer
2021-12-05T18:59:56-0500

Qd=Qs,  ⟹  Q_d=Q_s,\implies

P=1000,P=1000,

Q=17000.Q=17000.


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