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Answer to Question #71708 in Microeconomics for Destini
Question #71708
Find the equilibrium price and quantity
Set Qd = Qs:
100/3-P/3 = -5+P/2
Set Qd = Qs:
100/3-P/3 = -5+P/2
Expert's answer
100/3-P/3 = -5+P/2
100/3+5=P/3+P/2
200+30=2P+3P
230=5P, => P=46, Q=18
100/3+5=P/3+P/2
200+30=2P+3P
230=5P, => P=46, Q=18
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