Jonah B.

asked • 05/16/20

calculate market equilibrium and quanitiy

Suppose the demand for a unit of CO2is P = 120 – 0.1QDand the supply is 

        P = 15 + 0.04QS, where P is the price per unit, QDis the quantity demanded in units per day, and QSis the quantity supplied in units per day.  


a.   Calculate the market equilibrium price and quantity.  Show your work.


1 Expert Answer

By:

Steven T. answered • 05/16/20

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