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SHABBA027 SHABBA027
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A year ago
If a demand curve can be stated functionally as QD = 100 - 5p and a supply curve as QS = 90 + 5p, then the equilibrium quantity and price would be

▸ Q = 95; p = 1.

▸ Q = 1; p = 95.

▸ Q = 95; p = 10.

▸ Q = 190; p = 10.

▸ Q = 190; p = 1.
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Microeconomics

Microeconomics


Edition: 17th
Author:
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frithnefrithne
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A year ago
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SHABBA027 Author
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A year ago
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Smart ... Thanks!
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