Could Someone Help Me Solve This Problem Pls? And Please Show Me How To Find The Answers The Demand Functions Qd1 And Qd2 And The Supply Functions Qs1 And Qs2 For Two Commodities Are Given By: Qd1=10-2p1+p2 Qd2=5+2p1-2p2 Qs1=-3+2p1 Qs2=-2+3p2 Where P1 Den

匿名用户 最后更新于 2021-12-01 19:09 数学类Mathematics

Could someone help me solve this problem pls? and please show mehow to find the answers

The demand functions qd1 and qd2 and the supply functions qs1and qs2 for two commodities are given by:

qd1=10-2p1+p2

qd2=5+2p1-2p2

qs1=-3+2p1

qs2=-2+3p2

where p1 denotes the price of good 1, and p2 the price of good2.

Calculate the market’s equilibrium prices p1 and p2 and thendetermine quantities q1 and q2 at equilibrium.

Q1=

Q2=

P1=

P2=

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