Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given. Supply: p=20q Demand: p=-q² +8,000 The equilibrium quantity is q = at price p = $[ www
Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given. Supply: p=20q Demand: p=-q² +8,000 The equilibrium quantity is q = at price p = $[ www
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Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given.
Supply: p=20q Demand: p= -q² +8,000
S
The equilibrium quantity is q = at price p = $.
View an example Get more help -](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7572a51f-174c-4394-a544-3ecf80015716%2F2c9c4ada-28db-4325-9654-00066333cc59%2Fjxq0ldj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:K
Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given.
Supply: p=20q Demand: p= -q² +8,000
S
The equilibrium quantity is q = at price p = $.
View an example Get more help -
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