Given are the following demand functions and supply functions for 3 products, product 1, 2 and 3: qd,1 = 21- P1 -3P2 P3 [and] qs,1= 5P1-10 qd,2 = 20 - P2 P3 [and] qs,2= 5P2 -8 qd,2 = 8 - P1 - P3 [and] qs,3 = 2P3-1

Q&A Education