given-qd-500-2p-and-qs-3p-100-solve-for-the-equilibrium-price-and-quantity

Question

Given Qd = 500 - 2P and Qs = 3P - 100, solve for the equilibrium price and quantity.

Accepted Answer

P = 120, Q = 260

Answer

P = 80, Q = 340

Answer

P = 150, Q = 200

Answer

P = 100, Q = 300