Q.

The equilibrium price and quantity, given the inverse demand and supply functionsbp D =-3q + 30 and pS = 2q – 5

A. p = 9 and q = 7
B. p = 10 and q = 7
C. p = 9 and q = 8
D. p = 7 and q = 9
Answer» A. p = 9 and q = 7
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