Where Q is the number of businesses that

by | Mar 18, 2020 | Uncategorized

  

QD = 3,000 – 10P

QS = -1,000 + 10P

Where Q is the number of businesses that need services and P is the monthly fee, in dollars.

a. At what average monthly fee would demand equal zero?

b. At what average monthly fee would supply equal zero?

QS = -1,000 + 10P

c. Plot the supply and demand curves

  

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