Question: The demand function for a good is and the supply function is: Q . = a - bp , Q _ = c + ep

The demand function for a good is and the supply function is: Q

. =

-

,

_=

+

+

ft where a

,

.

,

.

and f are positive constants and t is the average temperature in a month.Show how the ecuilbrium guantty and price The effect of a change in t on the equilibrium quantity

(

)

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