If the supply equation is: Q= -8*P+ 24, and the demand equation is: Q= 5*P + 11, please determine the equilibrium quantity (Q). Select one a 1 b. 7 c 16 d. 12 e. 13

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ZHZ asked Jun 11, 2022

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35 votes

If the supply equation is:

Q= -8*P+ 24,
and the demand equation is:
Q= 5*P + 11,
please determine the equilibrium quantity (Q).
Select one
a 1
b. 7
c 16
d. 12
e. 13

Mathematics
college

ZHZ asked Jun 11, 2022

by ZHZ

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Answer:

Explanation:

Alex Fitiskin answered Jun 18, 2022

by Alex Fitiskin

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