Demand for goods of an industry is given by the equation pq=100, where p is the price and q is quantity, supply is given by the equation 20 + 3p=q. What is the equilibrium price and quantity?
Demand for goods of an industry is given by the equation pq=100, where p is the price and q is quantity, supply is given by the equation 20 + 3p=q. What is the equilibrium price and quantity?