Mathematics
Mathematics, 30.05.2021 16:30, 3steves

(b) Assume the following demand and supply functions Qd = 500 - 3P
Qs = 100 + 5P
(i)
Calculate the equilibrium price and quantity
Calculate consumer's surplus
(ii)​

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Answers: 1
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Do you know the correct answer?
(b) Assume the following demand and supply functions Qd = 500 - 3P
Qs = 100 + 5P
(i)

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