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The market demand function for ice cream cones is qd 195 -

The market demand function for ice cream cones is Q^d= 19.5 - 5P.

The market supply function for ice cream cones is

Q^S = 10P - 17

a. What is the equilibrium price in the market for ice cream cones?

Instructions: Round your answer to 2 decimal places.

b. What is the equilibrium quantity in the market for ice cream cones?

Instructions: Round your answer to the nearest whole number.

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Business Economics: The market demand function for ice cream cones is qd 195 -

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