Suppose the market is defined by
Demand: Q = 135 – 2P
Supply: Q = 6 + 4P
At a price of P = 36, what is the size of the shortage that will exist in the market?
Type in the amount of the surplus at price P = 36.
Suppose the market is defined by
Demand: Q = 135 – 2P
Supply: Q = 6 + 4P
At a price of P = 36, what is the size of the shortage that will exist in the market?
Type in the amount of the surplus at price P = 36.