Question: The demand equation for a good is q(p + 3) = 14 and the supply equation is q - p + 2 = 0 where

The demand equation for a good is q(p + 3) = 14 and the supply equation is q - p + 2 = 0 where p is the price and q is the quantity. Sketch the supply and demand functions for p 0. Determine the equilibrium price and quantity

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