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Costa Costa
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7 years ago
The demand and supply equations are QD = 600 - 2P and QS = 300 + 4P.  At a price of 40:
A) a surplus of 520 exists
B) a surplus of 460 exists
C) a shortage of 80 exists
D) a shortage of 60 exists
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Microeconomics

Microeconomics


Edition: 2nd
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EngelEngel
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7 years ago
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Costa Author
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7 years ago
this is exactly what I needed
bkrandy
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Thanks for your help!!
cartoon
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This site is awesome
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