Mathematics, 19.09.2019 21:10 Soccermen1021
The following are the equations for the supply and demand curves in the market for weezils: demand: qd = 20 - 2p supply: qs = 5 + 3p where qd is the quantity demanded, qs is the quantity supplied, and p is the price per weezil in dollars. if consumers decide that they want 20 percent fewer weezils at every price, the equation for the new demand curve for weezils will be = 20 - 1.6p qd = 0.2(20 - 2p) qd = 0.8(20 - 2p) qd = 80(20 - 2p)
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The following are the equations for the supply and demand curves in the market for weezils: demand:...
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