Use the following demand and supply functions to answer this question; Qd=100-2p; Qs=60+2p; The equilibrium quantity...

Question

Question

Use the following demand and supply functions to answer this question; Qd=100-2p; Qs=60+2p; The equilibrium quantity in this market is

60, 80, or 100?

Answer 1

Answer #1

Answer - equilibrium quantity = 80

0s) - Apa 40 NOW ↓olid equilibrium, pul--Hu valut 60 +20 80

Answer 2

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