Register
A competitive market has the demand function p = 49 - 2q and the supply function p = 3 + 3q. Calculate the equilibrium quantity (i.e. solve the simultaneous equations for q). (Round your answer
208k views
4 votes
A competitive market has the demand function p = 49 - 2q and the supply function p = 3 + 3q.

Calculate the equilibrium quantity (i.e. solve the simultaneous equations for q). (Round your answer

User Alfabravo
by
4.4k points

1 Answer

4 votes

Answer:

i don't know

Step-by-step explanation:

User Episodeyang
by
3.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.3m questions

5.6m answers

Other Questions

In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. what is his best option for affording a bachelors degree
The method of appraisal in which the appraiser estimates the replacement cost of the building, deducts depreciation, and adds the value of the site is:________
If Morgan worked 15 hours last week and is paid $10 per hour the amount of money she makes before taxes and other expenses are taken out is called: A. Net revenue B Net pay C Gross revenue D Gross pay
0.71 points eBookPrintReferences Check my work Check My Work button is now enabledItem 2Item 2 0.71 points Kerianne paints landscapes, and in late 2021 placed four paintings with a retail price of $300
Link Copied!