Answer to Question #71708 in Microeconomics for Destini

Question #71708
Find the equilibrium price and quantity Set Qd = Qs: 100/3-P/3 = -5+P/2
1
Expert's answer
2017-12-10T07:07:06-0500
100/3-P/3 = -5+P/2
100/3+5=P/3+P/2
200+30=2P+3P
230=5P, => P=46, Q=18

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