Solve for the equilibrium price
Equilibrium in the market-place means that quantity supplied 'Qs' equals quantity demanded 'Qd'.
Given the following equations:
Qs = 1,050
and
Qd = 2000 - 2.5P
Solve for the equilibrium price 'P':
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equilibrium in the market-place means that quantity supplied qs equals quantity demanded qdgiven the following
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