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Subjects>Math>Math & Arithmetic

How do you solve when market demand is P equals 1200-Q?

Updated: 12/24/2022

Wiki User

∙ 13y ago

Best Answer

You need the supply equation, a cost function of the suppliers or one of those variables.

If this is a competitive market, demand=supply so set the equations equal and solve..

Wiki User

∙ 13y ago

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