Suppose demand function has changed t0o qd2 14-p. find the, Ask an Expert

Economics

Demand function Qd + 20 â?" P
Supply Function: Qs = -10 + 2P

Question1. Find the equilibrium price and quantity. Show your work

Question2. Suppose demand function has changed t0o Qd2 = 14-P. What is the new equilibrium price and quantity?

Demonstrate all your work i.e. excel spread sheet, graphs and formulas used

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9309623

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