Answer:
The answer is, (18,8)
Step-by-step explanation:
Demand and supply must be equal to achieve equilibrium, thus equate both functions.
[tex]-Q+26=Q-10\\ 2Q=36[/tex]
[tex]2Q=36\\Q=36/2\\Q=18[/tex]
The value of Q can be substituted in either equation.
[tex]P=Q-10\\P=18-10\\P=8[/tex]
So, the equilibrium are P = 8 and Q = 18.
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