Question: May I get some help on this? Suppose the quantity demanded, q, of a product when the price is p dollars is given by the

May I get some help on this?

Suppose the quantity demanded, q, of a product when the price is p dollars is given by the equation 1 P = 247 - -q , and the quantity supplied is given by the equation p = - q . Find the equilibrium price 1 and quantity. Equilibrium quantity: items Equilibrium price: $

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