Question: Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given. Supply: p = q 2 + 20qDemand: p
Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given.
Supply: p = q2 + 20qDemand: p = -4q2 + 10q + 2200
The equilibrium quantity is q = ( )
The equilibrium price is p = ( )
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