Question #324277

plot the supply and demand curve Qd= 3000-10P Qs=-10000 + 10P

1
Expert's answer
2022-04-06T18:02:22-0400

Qd=300010p,Q_d=3000-10p,

Qs=10000+10p,Q_s=-10000+10p,

Qd=Qs,Q_d=Q_s,

300010p=10000+10p,3000-10p=-10000+10p,

13000=20p,13000=20p,

p=650,p=650,

Qd=Qs=3500.Q_d=Q_s=-3500.


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