Market demand and supply, Market demand and supply are

Market demand and supply

Assignment Help Accounting Basics

Reference no: EM13148512

Market demand and supply are given as Qd = 1000 - 5P and Qs = 4P - 80 respectively. If P = 100,

a) there is a shortage of 180 units.

b) none of the above.

c) there is a surplus of 180 units.

d) the market is in equilibrium

e) wht woul be the price

Reference no: EM13148512

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