Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given. Supply: p=q + 30q Demand: p= - 2q + 10q+ 3300 The equilibrium quantity is q =(Round to the nearest whole number as needed ) %3D The equilibrium price is p= $ (Round to the nearest dollar as needed.)

Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given. Supply: p=q + 30q Demand: p= - 2q + 10q+ 3300 The equilibrium quantity is q =(Round to the nearest whole number as needed ) %3D The equilibrium price is p= $ (Round to the nearest dollar as needed.)

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter4: Markets In Action

Section: Chapter Questions

Problem 1SQ

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