Suppose demand can be described with the equation Q = 900 - 5P and supply with the equation Q = 100 + 5P.Complete the following table.Determine the equilibrium price and quantity.
$\begin{array}{r}
&\text { Quantity }&\text { Quantity }&\text { Surplus/ }\
\text {Price}&\text {Demanded}&\text {Supplied}&\text { Shortage }\
\$ 100 &---&---&---\
95 &---&---&---\
90 &---&---&---\
85 &---&---&---\
80 &---&---&---\
75 &---&---&---\
70 &---&---&---\
65 &---&---&---\
60 &---&---&---\
\end{array}$

Question

Suppose demand can be described with the equation Q = 900 - 5P and supply with the equation Q = 100 + 5P.Complete the following table.Determine the equilibrium price and quantity.
 $\begin{array}{r}
&\text { Quantity }&\text { Quantity }&\text { Surplus/ }\
\text {Price}&\text {Demanded}&\text {Supplied}&\text { Shortage }\
\$ 100 &---&---&---\
95  &---&---&---\
90  &---&---&---\
85  &---&---&---\
80  &---&---&---\
75  &---&---&---\
70  &---&---&---\
65  &---&---&---\
60 &---&---&---\
\end{array}$

Quizplus · Accepted Answer

The Answer of Suppose demand can be described with the equation Q = 900 - 5P and supply with the equation Q = 100 + 5P.Complete the following table.Determine the equilibrium price and quantity.
 $\begin{array}{r}
&\text { Quantity }&\text { Quantity }&\text { Surplus/ }\
\text {Price}&\text {Demanded}&\text {Supplied}&\text { Shortage }\
\$ 100 &---&---&---\
95  &---&---&---\
90  &---&---&---\
85  &---&---&---\
80  &---&---&---\
75  &---&---&---\
70  &---&---&---\
65  &---&---&---\
60 &---&---&---\
\end{array}$

Suppose Demand Can Be Described with the Equation Q =