given-qd-300-p-and-qs-2p-100-find-the-equilibrium-price-and-quantity

Question

Given Qd = 300 - P and Qs = 2P - 100, find the equilibrium price and quantity.

Accepted Answer

P ≈ 133.33, Q ≈ 166.67

Answer

P = 200, Q = 100

Answer

P = 150, Q = 150

Answer

P = 100, Q = 200