Search for question
Question

= 246P Q$ = 6 + 3P Find the equilibrium price (P* = ?) • Find the equilibrium quantity (Q* = ?)%3D If price is 1, do we have shortage

or surplus or equilibrium? Howmuch? What is the tendency of price when price is 3?

Fig: 1

Fig: 2

Fig: 3

Fig: 4

Fig: 5

Fig: 6