mikeyjs2940 mikeyjs2940
  • 03-02-2020
  • Business
contestada

Suppose the price is $10, the quantity supplied is 50 units, and the quantity demanded is 100 units. For every $1 rise in price, the quantity supplied rises by 5 units and the quantity demanded falls by 5 units. What is the equilibrium price and quantity?

Respuesta :

brooklynyoung11
brooklynyoung11 brooklynyoung11
  • 10-02-2020

Answer:

500

Explanation:

5 x 100

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