Question: 1.3.5 The demand function for a good is Q = a- bp, and the supply function is Q = c + ep, where a, b,

1.3.5 The demand function for a good is Q =

a- bp, and the supply function is Q = c + ep, where

a, b,

c, and e are positive constants. Solve for the equi librium price and quantity in terms of these four constants.

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