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Supply & demand equilibrium calculations

Economics & Finance · Microeconomics — markets

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About this practice set

Supply & demand equilibrium calculations is part of Economics & Finance (Microeconomics — markets). Questions are generated with new numbers each time you practise. Levels available: Easy. After you answer, an explanation is shown.

Example questions

A taste of what you will practise. Answers are revealed after you try.

  • Easy

    Demand is Qd = 100 − 1P and supply is Qs = 24 + 2P. What is the equilibrium price?