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Suppose the relationship between quantity demanded and market price is q^= 100-10p, and the relationship between quantity supplied and market price is q.= -20+20p.Which of
Suppose the relationship between quantity demanded and market price is q^= 100-10p, and the relationship between quantity supplied and market price is q.= -20+20p.Which of the following is correct? If supply curve becomes q. = -10+ 20p, it shifts up. b. The equilibrium quantity is q, = 60 O c. If demand curve becomes q = 120-10p, it shifts left. d. The equilibrium price is p = 2
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