miraclesar5916 miraclesar5916
  • 23-05-2023
  • Business
contestada

Given demand and supply equation as follows:
Qd = 100 - 5P
Qs = 20 + 5P
a) find the equilibrium Price. (2 Marks)
b) find the equilibrium quantity (2 Marks)
c) if the market price is $10, is there a sh

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