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G Google 1. By using the repeated substitution method, Solving the following system of equations, which is a model of price and quantity determination in

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G Google 1. By using the repeated substitution method, Solving the following system of equations, which is a model of price and quantity determination in a one-good, widget, market: Qd = 100- 10P + 2G .....(1) Qs = 60 + 20P - 3N...... (2) Q = Qd = Qs...... (3) G= 11 (4) N= 6 .(5) Find the equilibrium values of P and Q. If G is up by 2 and other things are equal, What will be the new P and Q. If N is up by 2 and other things are equal, What will be the new P and Q. Show your work. This means that no work is no credit

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