The demand for air conditioners is P=3,500 - 100Q, The supply of air conditioners is P=2,500+40Q. What is the equilibrium price of an air conditioner and what is the equilibrium quantity of air conditioners per day? The equilibrium price is $ per air conditioner, and the equilibrium quantity is air conditioners per day. >>> Answer to the nearest whole number.

The demand for air conditioners is P=3,500 - 100Q, The supply of air conditioners is P=2,500+40Q. What is the equilibrium price of an air conditioner and what is the equilibrium quantity of air conditioners per day? The equilibrium price is $ per air conditioner, and the equilibrium quantity is air conditioners per day. >>> Answer to the nearest whole number.

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter4: Markets In Action

Section: Chapter Questions

Problem 5SQP

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