Question
Suppose that demand for wheat ( measured in bushels is given by Qw^2=90-8w where Qw is the number of bushels demanded in millions and Pw
Suppose that demand for wheat ( measured in bushels is given by Qw^2=90-8w where Qw is the number of bushels demanded in millions and Pw is the price per bushels.
a) This year's harvest is 8million bushels. Calculate the equilibrium quantity
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Macroeconomics
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
6th Canadian Edition
321675606, 978-0321675606
