Question: he demand functions for Upper Q 1 Q 1 and Upper Q 2 Q 2 are Upper Q 1 Q 1 equals = 1 0
he demand functions for
Upper Q Q
and
Upper Q Q
are
Upper Q Qequalsminusp pplusp p
and
Upper Q Qequalsminusp pplusp p
and there are
units of
Upper Q Q
and
units of
Upper Q Q
What is the general equilibrium?
Part
The
general equilibrium
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is where
p pequals$enter your response here
and
p pequals$enter your response here.
Enter numeric responses using real numbers rounded to two decimal places.
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