Question: Assume demand is equal to supply where: Demand Function: 40 - 2P Supply Function : 5 +3P Determine the equilibrium quantity (Q*) (your answer must

Assume demand is equal to supply where:

Demand Function: 40 - 2P

Supply Function : 5 +3P

Determine the equilibrium quantity (Q*)

(your answer must be written like this: 15 greater than 5 / 100 lesser than 500/ 5 equals 5)

Reason: it would be difficult for you to indicate the symbols >, =, and <

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