Hi Smit, it "Buyambo" my question is... *Given The Demand For A Product As Qd=100 - 5p And The Supply As -20+3p, You Are Told Equilibrium Is Obtained At the Point Where Qd=Qs The Equilibrium Price For The Product Is?..... This Question Has Riddled Me Alot!
If Qd=Qs then: 100 -5p = -20 +4p From there on it’s a math question to get “p” on the left & alone. If you struggle from there let me know and I’ll do a vid!
You are Amazing. Thank you for this. I was finding it difficult to go through all the content but you summarized it perfectly:-)
You are a gem! thank you for explaining. makes more sense to me now.
Hi Messi - Thanks for the message :)
Thank u so much, please do more videos
Very helpful, thank you so much👏
Thanks for sharing
Thank you ❤
Hi Smit, it "Buyambo" my question is... *Given The Demand For A Product As Qd=100 - 5p And The Supply As -20+3p, You Are Told Equilibrium Is Obtained At the Point Where Qd=Qs The Equilibrium Price For The Product Is?.....
This Question Has Riddled Me Alot!
If Qd=Qs then: 100 -5p = -20 +4p
From there on it’s a math question to get “p” on the left & alone. If you struggle from there let me know and I’ll do a vid!