The demand curve for a flight between SFO and LAX is given by PD = 350 - 2QD. The supply curve for the same flight is given by Ps = 50 + Qs. What is the equilibrium price? Provide answer without the dollar sign.

The demand curve for a flight between SFO and LAX is given by PD = 350 - 2QD. The supply curve for the same flight is given by Ps = 50 + Qs. What is the equilibrium price? Provide answer without the dollar sign.

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter4: Markets In Action

Section: Chapter Questions

Problem 6SQ

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Question

The demand curve for a flight between SFO and
LAX is given by PD = 350 - 2QD. The supply curve
for the same flight is given by Ps = 50 + Qs. What
is the equilibrium price? Provide answer without
the dollar sign.

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