In Metropolitan City the demand for rental housing is given by the demand equation P=1000 - 0.1Qd, while the supply of rental housing is given by the equation P=200+.3Qs. 

 

  1. What is the equilibrium price for rental housing in Metropolitan City? ________

  2. What is the equilibrium quantity of rental housing in Metropolitan City?________ 

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1 Answer

2 equashuns with 4 dont-no's...now wae hoze
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