The quantity demanded of a security is Q_D= 220 - 0.2b and the quantity supplied of it is Q_S=100 + 0.2b.The equilibrium price of the security is______ .

Name: The quantity demanded of a security is Q D = 220 - 0.2b and the quantity supplied of it is Q S =100 + 0.2b.The equilibrium price of the security is______ .
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Question

Quizplus · Accepted Answer

To find the equilibrium price, set Q_D equal to Q_S: 220 - 0.2b = 100 + 0.2b. Solving for b gives b = $300.

The Quantity Demanded of a Security Is QD= 220 -

The Quantity Demanded of a Security Is Q_D= 220 -