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Other Fields Homework Help Economics Topic started by: shbensonjr on Sep 26, 2022



Title: If a demand curve can be stated functionally as QD= 500 - 0.1p and a supply curve as QS= 440 + 0.4p, ...
Post by: shbensonjr on Sep 26, 2022
If a demand curve can be stated functionally as QD = 500 - 0.1p and a supply curve as QS = 440 + 0.4p, then the equilibrium quantity and price would be

▸ Q = 940; p = 0.4.

▸ Q = 488; p = 120.

▸ Q = 50; p = 176.

▸ Q = 150; p = 150.

▸ Q = 150; p = 485.


Title: If a demand curve can be stated functionally as QD= 500 - 0.1p and a supply curve as QS= 440 + 0.4p, ...
Post by: krafty on Sep 26, 2022
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