Answer:
Equilibrium wage = 800
Equilibrium quantity = 4
Explanation:
The computation of equilibrium weekly wage and the equilibrium quantity of solar panel is shown below:-
Here as per the graph the equilibrium wage is meet at 800 where equilibrium quantity is lying on 4.
Therefore according to the given situation the equilibrium wage is 800 and the equilibrium wage is 4.
as the quantity demanded and quantity supplied are matched so this we called as an equilibrium