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Ilya [14]
4 years ago
12

WORTH A WHOLE LOTTA POINTS!

Mathematics
1 answer:
dangina [55]4 years ago
8 0

Where did you get that A and B? I could answer if you were much more precise.

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If you have a demand function of Qd=48-9P and a supply function of Qs=-12+6P,
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Answer:

The equilibrium quantity is 26.4

Step-by-step explanation:

Given

Q_d = 48 - 9P

Q_s = 12 + 6P

Required

Determine the equilibrium quantity

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i.e.

Q_d = Q_s

This gives:

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Solve for P

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