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-   -   How can I graph equation demand Qd = 250,000 - 375P and supply Qs = 15,000 212.5P? (https://www.askmehelpdesk.com/showthread.php?t=523651)

  • Nov 7, 2010, 06:05 AM
    leslie45
    how can I graph equation demand Qd = 250,000 - 375P and supply Qs = 15,000 212.5P?
    Strayer Island is given by the equation Qd=250,000-375P. The daily supply of newspapers on Strayer Island is given by the equation Qs=15,000+212.5P. Graphy these demand and supply curves. What is the equilibrium price and quantity of newspapers in Stayer Island?
  • Feb 14, 2011, 08:18 AM
    Fari12
    All you had to do was to plug figures in for the variable p for both equation and then plot it. And where the graphs intersect that would have been be equilibrium price and quantity

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