Question

Find the equilibrium price and quantity
from given demand and supply Funchon
Qd = 400-4p and Qs = 6p-10​

Answer 1

Answer:

Step-by-step explanatiio:

Ep is when Qd=Qs

400-4p=6p-10

-4p-6p=-10-400

-8p=-410

P=51.25frs

EQ=400-4(51.25)

400-205

=125kg