Find mathematically and graphically the equilibrium price


You are given the following Functions:

                  Qd= 40-2P

                   Qs= 20 +3P

Find the following:

1- Find mathematically and graphically the Equilibrium price and Quantity?

2- If the price is 10 Riyal, what kind of surplus we will have and how much is it?

3- If the equilibrium price increased by one Riyal, what will be the quantity demanded?

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Business Economics: Find mathematically and graphically the equilibrium price
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