Consider a perfectly competitive market with market supply $Q ^ { s } = - 2 + P$ and market demand $Q ^ { d } = 30 - P$. What is the equilibrium quantity in this market?
A)12
B)14
C)16
D)18

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The Answer of Consider a perfectly competitive market with market supply $Q ^ { s } = - 2 + P$ and market demand $Q ^ { d } = 30 - P$. What is the equilibrium quantity in this market?
A)12
B)14
C)16
D)18

Consider a Perfectly Competitive Market with Market Supply Qs=−2+PQ ^ { s } = - 2 + PQs=−2+P

Consider a Perfectly Competitive Market with Market Supply $Q ^ { s } = - 2 + P$