Question: Suppose quantity demanded is given by Qd = 180 - P, and quantity supplied is given by QS = 30 + 3P. In this case,
Suppose quantity demanded is given by Qd = 180 - P, and quantity supplied is given by QS = 30 + 3P. In this case, equilibrium price, P, and equilibrium quantity, Q*, are Multiple Choice P 52.5, Q106.25. P= 75, Q187.5. P 50, Q 25. Saved P 37.5, Q-142.5.
Multiple Chocs 5250510625 0=75,0=4175 pon50,0
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