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Question

Question

Suppose a certain product has the following demand and supply functions D: p = q? + 8 q + 16 216 24 There is a shortage at th

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Answer 1

Answer #1

D: p=q² +82-16 si þ- 216 - 29 At the equilibrium D=s = q + 82 16 = 216-29 > 9°+ 109 - 232 = 0 100 7928 -10 + V - 9 2 32.06 -1

Answer 2

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