checkout
view
Your Cart: item(s)
Economics, Microeconomics
Year 4
market equilibrium price-output combination
Qs = Qd
P= 3+.000083333Qs P=7-.00005Qd
set these equal to each other
I know the equilibrium price is $5.50 and the quantity is 30,000 but I'm not good with math steps in between. Please help.
By OTA: Jiong Tu, PhD (IP)
OTA Rating: 4.8/5
Your Price: $2.19 (original value ~$3.99)
What's included:
- Plain text response
Page generated in 0.0131 seconds