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Supply: p=1/3q^2+8
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- Suppose the demand for a product is given by Q=51-7P, supply is given by Q=31+4P. Calculate the equilibrium price for this market. Please round your answer to one decimal.If the equation for the demand curve is Q = 450 – 25P and the equation for the supply curve is Q = –175 + 37,5P, then the equilibrium values for price and quantity are A. P = 4,4 and Q = 340. B. P = 5 and Q = 325. C. P = 12 and Q = 150. D. P = 10 and Q = 200. E. P = 11 and Q = 175.Suppose the supply and demand equation are given as follow: Demand: Qd=150-3*p Supply: Qs=18+3*p What's the equilibrium price?
- Suppose demand for a good is QD = 100 - 2P and supply is QS = -20 + P. What is the equilibrium price? A. 20 B. 40 C. 60 D. 80 2. Suppose demand for a good is QD = 100 - 2P and supply is QS = -20 + P. What is the equilibrium quantity? A. 20 B. 40 C. 60 D. 80Which factor that influences change in buying plan, other than price of good? Find [05] out market equilibrium price and quantity from the demand function: Q= 15-4p ands supply function: Q=-1+ 6p. Show it graphicallyThe supply curve for product X is given by QXS = −440 + 20PX .a. Find the inverse supply curve.P = ____+ ____Qb. How much surplus do producers receive when Qx = 420? When Qx = 980?When QX = 420: $ When QX = 980: $
