Question: 1.. 1 The demand functions for the only two goods in the economy are Q1 = 9 - 3p1 + p2 and Q2 = 3

1.. 1 The demand functions for the only two goods in the economy are Q1

= 9 - 3p1

+ p2 and Q2

= 3 - 2p2

/3 +

p1

, and Q1

= 3Q2

= 6, solve for the equilibrium values of p1

, p2

, and Q2

. M

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