Question: i am having trouble finding out the right numbers for this one. need help. give me the right numbers. have a good day. An economy
i am having trouble finding out the right numbers for this one. need help. give me the right numbers. have a good day.

An economy with just two interdependent markets is described by Q1 = 800 - 20p1 + 30p2 Q51 =-20+ 50p1 -10 p2 Q 2 = 100 +20p1 - 15p2 Q52 =620 -20p1+5p2 where Q, is quantity demanded in market I, Q5, is quantity supplied in market i, and P; is price in market i (i = 1,2) a. Are these goods substitutes or complements in the eyes of the buyers? Explain your answer briefly. b. Using matrix algebra, find the general equilibrium prices and general equilibrium quantities in this problem **Please note you can upload notes to Blackboard after the exam** For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px v A v v Ix ... P 0 WORDS POWERED BY TINY
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