Question: The demand and supply functions for two independent commodities are: QD . = 100 - 2P + P2 Qo, = 5+2P1 - 3P2 Qs= -10

The demand and supply functions for two independent commodities are: QD

The demand and supply functions for two independent commodities are: QD . = 100 - 2P + P2 Qo, = 5+2P1 - 3P2 Qs= -10 + P2 = -5 + 6P2 Os, The equilibrium price for the first commodity is: 40 OG 55 10. - 30

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