Question: B. Show your solutions in its simplest forms. I. Solve for Equilibrium Pe and le - 1.Qd = 215 115P Qs = 860 + 300P

B. Show your solutions in its simplest forms. I.

B. Show your solutions in its simplest forms. I. Solve for Equilibrium Pe and le - 1.Qd = 215 115P Qs = 860 + 300P 2. Qa = 832 162P Qs = 2592 + 240P - II. Determination of Shortage, Surplus and Equilibrium PRICE QUANTITY DEMANDED QUANTITY SUPPLIED SURPLUS/ SHORTAGE 1 N 1 2 1 2. 58 45 36 23 11

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