Solved

Let P_D=100-1/2Q_D Be the Demand Curve and P_S= 20+1/2Q_S Be

Question 4

Multiple Choice

Let P_D=100-1/2Q_D be the demand curve and P_S= 20+1/2Q_S be the supply curve.What is the equilibrium quantity?

A) Q=80
B) Q=100.
C) Q=60
D) Q=100

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