Consider a market characterized by the following demand and supply conditions:
Demand: Px = 50 - 5QX
Supply: Px = 32 + QX.
Graph the demand and the supply. Label the axis and the equilibrium. The equilibrium
price and quantity are, respectively?
Looking on how to graph this.© BrainMass Inc. brainmass.com September 23, 2018, 6:36 pm ad1c9bdddf - https://brainmass.com/economics/general-equilibrium/demand-and-the-supply-367326
This posting depicts demand and the supply clearly.