The demand and supply curves of the market for DVD are as follow Qd = 60-2P and Qs= 3P + 5 Find?

Posted:: 3+ months ago by Galabm04
Topics:: market, curve, price, dvd, follow, shorts

Details:

... the equilibrium price and the equilibrium quantity
What happens if the market price of a DVD rises to $30
What happens in the short run if the price of DVR (a substitute to DVD) doubles? Does it affect the price of DVD
What would happen in the long run? Does it affect the price of DVD?

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