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pulseh14 pulseh14
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5 years ago
The following equations represent the demand and supply for bird feeders.
QD = 35 - P
QS = -5 + 3P

What is the equilibrium price (P) and quantity (Q - in thousands) of bird feeders?
A) P = $10; Q = 25 thousand
B) P = $35; Q = 20 thousand
C) P = $20; Q = 20 thousand
D) P = $5; Q = 30 thousand
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InMacro

InMacro


Edition: 1st
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raybone-34raybone-34
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5 years ago
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