Question: Demand Supply P = 100 - Qd P = 40 + 1/2 Qs Qd = 100 - P Qs = 2 P - 80 The

Demand

Supply

P = 100 - Qd

P = 40 + 1/2 Qs

Qd = 100 - P

Qs= 2P - 80

The equations above describe the demand and supply for Dynamite Donuts

What are the equilibrium price (in dollars) and quantity (in donuts) for Dynamite Donuts?

Group of answer choices

$80 and 80 donuts

$50 and 100 donuts

$40 and 50 donuts

$60 and 40 donuts

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