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3.6.25 Suppose products A and B have demand and supply equations that are related to each other. If qa and qs are the quantities produced
3.6.25 Suppose products A and B have demand and supply equations that are related to each other. If qa and qs are the quantities produced and sold of A and B, respectively, and PA and PB are their respective prices, the table below shows the demand equations and the supply equations. Eliminate q, and qg to get the equilibrium prices. demand equations supply equations 9A =3 -PA + PB qA = -7+6PA -2PB 98 = 22 +PA - PB 98 =-3-2PA + 6PB The prices are PA = $ and PB = $ (Round to the nearest cent as needed. Enter your answer in the edit fields and then click Check
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