Find the equilibrium price and quantity from given demand and supply Funchon Qd = 400-4p and Qs = 6p-10

asked Jun 10, 2021 215k views

3 votes

Find the equilibrium price and quantity

from given demand and supply Funchon
Qd = 400-4p and Qs = 6p-10

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6 votes

Answer:

Step-by-step explanatiio:

Ep is when Qd=Qs

400-4p=6p-10

-4p-6p=-10-400

-8p=-410

P=51.25frs

EQ=400-4(51.25)

400-205

=125kg

Zzarbi answered Jun 15, 2021

4.3k points

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