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Kyuubi Kyuubi
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Posts: 1012
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6 years ago
In the following demand and supply functions, QD = quantity demanded, QS = quantity supplied, and P = price.
QD = 100 - 3P;  QS = 10 + 2P
The equilibrium price and quantity are 18 and 46 respectively.

True or False?
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
Read 81 times
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Replies
wrote...
6 years ago
TRUE
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