Question: Need help understanding this question Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given. Supply: p =

Need help understanding this question Find the equilibrium quantity and equilibrium

Need help understanding this question

Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given. Supply: p = q~ +20q Demand: p= - 2q~ + 10q +8000 The equilibrium quantity is q = (Round to the nearest whole number as needed.) The equilibrium price is p = $ (Round to the nearest dollar as needed.)

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