Suppose the supply and demand equation are given as follow: Demand: Qd=101-3*p Supply: Qs=13+1*p. What's the equilibrium quantity? (Hint: enter your answer in 2 decimal places) Your Answer:
Suppose the supply and demand equation are given as follow: Demand: Qd=101-3*p Supply: Qs=13+1*p. What's the equilibrium quantity? (Hint: enter your answer in 2 decimal places) Your Answer:
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter3: Supply And Demand: Theory
Section: Chapter Questions
Problem 1WNG
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