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Supposed the value of demand and …

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Supposed the value of demand and supply curve of a commodity _x is given by the following equation simultaneously;qd=200-10p qs =50+15p then find the equilibrium price ofan quantity of commodity -x
  • 3 answers

Hero Time 6 years, 1 month ago

140q

Hero Time 6 years, 1 month ago

EQ = ad=as ......... 200-10p=50+15p ......... 25p=150 .......... P=6 and q= 240

Kajal Singla 6 years, 2 months ago

P=6, q=140
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