julien8491 julien8491

27-12-2022
Business

Answered

When P = $5, the quantity demanded of a good is 30 units, and the quantity supplied of the good is 50 units. For every $1 decrease in the price of this good, quantity demanded rises by 5 units and quantity supplied falls by 5 units. The equilibrium price of this good is ___and the equilibrium quantity of this good is _ units.
$2; 35 $3; 40 $4; 35 $2; 45 $3; 35

Answer :

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