Question: Given these schedule for the supply and demand for widgets, derive the demand equation, supply equation, equilibrium price and equilibrium quantity. Demand equation: Alpha --->


Given these schedule for the supply and demand for widgets, derive the demand equation, supply equation, equilibrium price and equilibrium quantity. Demand equation: Alpha ---> Beta ---> P | Qd P Qs Supply equation: 1 465 o 2 440 2 0 Alpha ---> 415 3 15 UA W 390 4 30 Beta ---> 365 5 45 Equilibrium Price ---> Equilibrium Quantity --->
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