If the demand is given by the equation Q = 64-5P and the supply is given by QS = 6 + 2P, then the equilibrium price is $. (Round your answer to the nearest cent.) Using the equation QS = 6 + 2P, equilibrium quantity is (Round your answer to the nearest whole number.) units. Quantity S
If the demand is given by the equation Q = 64-5P and the supply is given by QS = 6 + 2P, then the equilibrium price is $. (Round your answer to the nearest cent.) Using the equation QS = 6 + 2P, equilibrium quantity is (Round your answer to the nearest whole number.) units. Quantity S
Chapter4: Markets In Action
Section: Chapter Questions
Problem 6SQ
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