Answer in Microeconomics for ATOGUMBOYA RACHEL #315793

Question #315793

Consider the following equation:Qd=100-3p and Qs=0.5-100

Expert's answer

$Q_d=100-3p,$

$Q_s=0.5p-100,$

$Q_d=Q_s,$

$100-3p=0.5p-100,$

$200=2.5p,$

$p=80,$

$Q_d=Q_s=140.$

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