Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. economics
  3. ? macmillan learning a market can be described by

? Macmillan Learning A market can be described by theequationsQ_(d)=100-PandQ_(s)=P. What are the equilibrium price...

90.2K

Verified Solution

Question

Economics

? Macmillan Learning A market can be described by theequations

Q_(d)=100-P

and

Q_(s)=P

. What are the equilibrium price and quantity in this market?The equilibrium price is

$50

, and the equilibrium quantity is 50 units. The equilibriumprice is

$100

, and the equilibrium quantity is 100 units. The equilibriumprice is

$0

, and the equilibrium quantity is 0 units. The equilibrium priceis

$0

, and the equilibrium quantity is 100 units. 300 m

image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

why is HDL sometimes called \"good cholesterol\" and LDL termed \"bad cholesterol\"? and what are some lifestyle...

Biology
Q

The H2 antagonist burimamide showed poor bioavailability in clinical trials. (i) Define the term bioavailability. In your...

Chemistry
Q

What on-scene observations may yield clues that separate the difference between an aircraft in-inflight fire...

Mechanical Engineering
Q

Design an efficient layout and service blueprint for the new Starbucks. (essay Form in paragraph)

General Management
Q

Determine the following probabilities P z 1 51 P z 3 11 P z 5...

Statistics
Q

10 1 2 Points DETAILS Determine whether the geometric series is convergent or divergent n...

Calculus
Q

Solve the following inequality 8 5y 10 right side of the inequality 8 Subtract 8...

Algebra
Q

Al Spray recently opened Al's Bar in the University District. Because of licensing restrictions, the...

Accounting
Q

During 2010, Fa S2,500,000 fees should be a. expensed in 2010 and classified as ordinary...

Accounting
Q

Please complete the 2018 federal income tax return for Magdalena Schmitz. Ignore the requirement to...

Accounting
Q

In the current year, Randa Merchandising Incorporated sold its interest in a chain of wholesale...

Accounting
Q

Question 3 (1 point) Steve's Specialties, Inc. paid its dividend yesterday, which as $4.00. The...

Finance