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

The supply and demand equations for a certain commodity are given.supply: p = V0.1q + 9 – 2 and demand: p = V25 – 0.1q


(a) Find the equilibrium demand. 

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

supply: p = V0.1q + 9 2 and demand: p = V25 0.1q

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