Question: The demand and supply functions for two interdependent commodities are given by: 1 = 8 61 + 22 2 = 6 + 51 2 1

The demand and supply functions for two interdependent commodities are given by: 1 = 8 61 + 22 2 = 6 + 51 2 1 = 4 + 41 2 = 2 + 2 Determine the equilibrium price and quantity for this two-commodity model

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