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Answer to Question #341531 in Microeconomics for dana
Question #341531
Compute the equilibrium price of buko pie given the following equations : Qd = 750 - 15P Qs = -150 + 30P
Expert's answer
"Q_d=750-15P,"
"Q_s=-150+30P,"
"Q_d=Q_s,"
"900=45P,"
"P=20,"
"Q_d=Q_s=450."
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#339914 on Dec 2023
#339914 on Dec 2023
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