Q5 a. Estimate the equlibrium price and quantity of the market whose demand and supply functions are pa = -(q + 4)? + 100 and p, = (q + 2)? respectively. -6-

Q5<br>a. Estimate the equlibrium price and quantity of the market whose demand and supply functions<br>are pa = -(q + 4)? + 100 and p, = (q + 2)? respectively.<br>-6-<br>

Extracted text: Q5 a. Estimate the equlibrium price and quantity of the market whose demand and supply functions are pa = -(q + 4)? + 100 and p, = (q + 2)? respectively. -6-

Showing all supporting working:<br>b. If the region A (shaded grey) in the diagram above represents a solution set, derive<br>the system of inequalities which define that region.<br>END OF ASSIGNMENT<br>

Extracted text: Showing all supporting working: b. If the region A (shaded grey) in the diagram above represents a solution set, derive the system of inequalities which define that region. END OF ASSIGNMENT

Jun 10, 2022

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Q5 a. Estimate the equlibrium price and quantity of the market whose demand and supply functions are pa = -(q + 4)? + 100 and p, = (q + 2)? respectively. -6-

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