Answer to Question #69777 in Microeconomics for abdulkadir abdi

Question #69777
7. The following relations describe the supply and demand for specific good:
QD = 65000 – 10000P
QS = - 35000 + 15000P
a) Compute the following table
Price QS QD Surplus pr Shortage
$7
$6
$5
$4
$3
$2

a) What is the equilibrium price?
1
Expert's answer
2017-08-21T10:38:06-0400
The answer to the question is available in the PDF file https://www.assignmentexpert.com/https://www.assignmentexpert.com/homework-answers/economics-answer-69777.pdf

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Comments

najib
19.08.17, 12:16

thanks

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