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=
没有找到相关结果