Equilibrium Price and Quantity: Supply and Demand For the following sets of supply and demand curves, calculate equilibrium price and quantity QD = 500 – P QS = 50 + P *Price = 225 *Quantity = 275...

Equilibrium Price and Quantity: Supply and Demand

For the following sets of supply and demand curves,

calculate equilibrium price and quantity

QD = 500 – P

QS = 50 + P

*Price = 225

*Quantity = 275

*Price = 220

*Quantity = 500

*Price = 20

*Quantity = 1000

*Price = 275

*Quantity = 225