Question: The supply function is Q= 20 + 2p -60r. and the demand function is Q =240-2p. where r is the rental cost of capital. How

The supply function is Q= 20 + 2p -60r. and the demand function is Q =240-2p. where r is the rental cost of capital. How do the equilibrium price and quantity vary with ? ap The effect of r on the equilibrium price is ar = . (Enter your resonse as a whole number.) aQ The effect of r on the equilibrium quantity is (Enter your resonse as a whole number.) ar

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