Suppose the supply and demand equation are given as follow: Demand: Qd=142-2*p Supply: Qs=12+2*p What's the equilibrium quantity? (Hint: enter your answer in 2 decimal places)

Suppose the supply and demand equation are given as follow: Demand: Qd=142-2p Supply: Qs=12+2p What's the equilibrium quantity? (Hint: enter your answer in 2 decimal places)

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter3: Demand And Supply

Section: Chapter Questions

Problem 40CTQ: How do you suppose the demographics of an aging population of Baby Boomers' in the United States...

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Suppose the supply and demand equation are given as follow:
Demand: Qd=142-2*p
Supply: Qs=12+2*p
What's the equilibrium quantity? (Hint: enter your answer in 2 decimal places)
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