Mathematics, 22.10.2021 22:40 nany1982

Question 1 (2 points) If the demand for a pair of shoes is given by 2p+5q=200 and the supply function for it is p-2q=10, compare the quantity demanded and the qualntity supplied when the price is $60. Will there be a surplus or shortfall at this price? (hint: p is price and q is quantity)

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Question 1 (2 points) If the demand for a pair of shoes is given by 2p+5q=200 and the supply functio...