Question: The demand functions for two goods depend on the prices of Good 1 and Good 2, P1 and P2. Q1=306p1+2p2Q2=124p2+2p1 but each supply curve depends
The demand functions for two goods depend on the prices of Good 1 and Good 2, P1 and P2. Q1=306p1+2p2Q2=124p2+2p1 but each supply curve depends on only its own price: Q1=4+2p1Q2=2+2p2 The equilbrium prices are p1=5 and p2=$ (Enter numeric responses using real numbers rounded to two decinal ploces.)
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