Question
Suppose the supply and demand equation are given as follow: Demand: Qd=128-4*p Supply: Qs=22+1*p What's the equilibrium price? (Hint: enter your answer in 2 decimal
Suppose the supply and demand equation are given as follow:
Demand: Qd=128-4*p
Supply: Qs=22+1*p
What's the equilibrium price? (Hint: enter your answer in 2 decimal places)
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Introduction to Econometrics
Authors: James H. Stock, Mark W. Watson
3rd edition
133595420, 978-0138009007, 138009007, 978-0133486872, 133486877, 978-0133595420
