Suppose demand is given by Q^d = 400 - 15P+ I,where Q^d is quantity demanded,P is price and I is income.Supply is given by Q^s = 5P,where Q^s is quantity supplied.When I = 200,equilibrium quantity is A) 15 B) 20 C) 25 D) 30

Name: Suppose demand is given by Q d = 400 - 15P+ I,where Q d is quantity demanded,P is price and I is income.Supply is given by Q s = 5P,where Q s is quantity supplied.When I = 200,equilibrium quantity is A) 15 B) 20 C) 25 D) 30
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The Answer is D

Suppose Demand Is Given by Qd = 400 - 15P

Suppose Demand Is Given by Q^d = 400 - 15P