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One of the largest producer decided to leave the market and supply decreased by 60% meaning that if for every given price quantity supplied is: Q=0.6(10+P)
What's new equilibrium quantity and price?
P=40, Q=30
P=30, Q=30
P=30, Q=40
P=40, Q=20
input 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 ltbrgtoutput 0.0 4.9 13.2 24.3 37.6 52.5 68.4 84.7 100.8 116.1 130.0
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