Equation format: "Quantity Demanded (Qd) = Quantity Supplied (Qs)" Solving for price: Once you have both the demand and supply equations, set them equal to each other and solve for "P" which represents the equilibrium price. Example: Demand equation: Qd = 100 - 2P Supply equation: Qs = -20 + 3P
Jeni's ice cream is to die for! Such great and unique flavors. That whole area has such a nice mellow vibe to it.
Fucking hate this place it's the reason why rent is so high
Equation format: "Quantity Demanded (Qd) = Quantity Supplied (Qs)"
Solving for price: Once you have both the demand and supply equations, set them equal to each other and solve for "P" which represents the equilibrium price.
Example:
Demand equation: Qd = 100 - 2P
Supply equation: Qs = -20 + 3P
@@TeamSztanyo bro plz just let me be a broke bitter person I don't feel like doing math rn