If Qs = -20 + 10p, and Qd = 400 - 20p, what is the equilibrium quantity?
A) 440
B) 146.6
C) 360
D) 120
A
Economics
You might also like to view...
A larger labor force will allow the economy to produce more total output
Indicate whether the statement is true or false
Economics
When Federal Reserve Banks add to their holdings of government securities,
A) commercial banks must reduce their net lending. B) commercial bank reserves increase. C) the Fed is extending less credit to the economy. D) the stock of money declines.
Economics