The demand and supply functions of commodity x are given as follows: Qd = 20- 2p, Qs = 6p - 12 where p = price, Qd = quantity demanded and Qs = quantity supplied. Determine the equilibrium price
a
N4
b
N8
c
N2
d
N10
Explanation
Correct Option
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Brainpill
10 years ago
Wao dis Site is 2ruly gr8. now i can solve for Equilibrium Price. More Power 2 ur elbow
