Answer:
Equilibrium quantity = 26.92
Equilibrium price is $31.13
Step-by-step explanation:
Given :Demand function :
Supply function :
To Find : find the equilibrium quantity and equilibrium price.
Solution:
Demand function : --A
Supply function : ---B
Now to find the equilibrium quantity and equilibrium price.
Solve A and B
Subtract B from A
So, equilibrium quantity = 26.92
Substitute the value of q in A
So, equilibrium price is $31.13
<em><u>So</u></em><em><u>,</u></em><em><u>w</u></em><em><u>h</u></em><em><u>a</u></em><em><u>t</u></em><em><u>s</u></em><em><u> </u></em><em><u>your</u></em><em><u> </u></em><em><u>question</u></em><em><u>?</u></em><em><u>?</u></em><em><u>?</u></em><em><u>?</u></em>
Answer:
You just do.
Step-by-step explanation:
That's all there is
Answer:
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Step-by-step explanation:
(1,-1)
(-4,2)
(-2,1)
I believe these will work