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    Managerial Economics and Strategy Study Set 2
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    Exam 2: Supply and Demand
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    If Qs = -20 + 10p, and Qd = 400
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If Qs = -20 + 10p, and Qd = 400

Question 108

Question 108

Multiple Choice

If Qs = -20 + 10p, and Qd = 400 - 20p, what is the equilibrium price?


A) 14
B) 42
C) 12.67
D) 38

Correct Answer:

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