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5. Consider a market supply and demand represented by the following: Q. = 3P - 60 and la = 800 - 7P. Use this information to
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Ans 3P-60 &O0-7P ।।५.२४ Ia Squilbriom, Os-ap Ca) & 00-7Ps 2P-60 0060 OP &60 rCeto a(2x6) -60 LL 98 Comemrn surpl is the aneaPage No. Date: As as t60 and 800-a0 he Now of t2 gostn met has inposed the encise tan hs wide s hikt te suppl Cunue up So PrPage No. Date: Ca) As a neslt of encine Co some because the suoplus es cansumens decrease highen paice tHe pay

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