Question

James's T-shirt business uses the demand function P=-Q+ 31 and the

supply function P= Q- 17. According to these functions, what will the
equilibrium point (P, Q) be for James's T-shirt business?
A. (24,7)
B. (17, 31)
C. (31,73)
D. (7.24)

Answer 1

7.24

Explanation:

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