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its advance mathematical economics 1. Let the demand and supply be Qa = 9 - P + P' + 3P Qs = -1 + 4P

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its advance mathematical economics

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1. Let the demand and supply be Qa = 9 - P + P' + 3P" Qs = -1 + 4P - P' + 5p" with P(0) = 4 and P' (0) = 4. a) Find the price path, assuming market clearance at every point of time b) Is the time path convergent? With fluctuation

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