Answered: The demand and supply functions of a…

The demand and supply functions of a good are given by P =-30 +60 D P=2Q +40 S then the equilibrium quentity and price are:

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter3: Market Demand And Supply

Section: Chapter Questions

Problem 16SQ

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Give me correct answer with calculation otherwise i give multiple downvote

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The demand and supply functions of a good are given by
P= -3Q +60
D
P=2Q +40
S
then the equilibrium quentity and price are:

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