Question: The supply and demand equations for a certain commodity are given. (a) Find the equilibrium demand. (b) Find the equilibrium price (in dollars). 7000 3q

The supply and demand equations for a certain commodity are given.7000 – 3q and demand: p = 29 2000 supply: p 2000 – 4


(a) Find the equilibrium demand.

(b) Find the equilibrium price (in dollars).

7000 3q and demand: p = 29 2000 supply: p 2000 4

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