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math practice for economics activity 6 ine like terms: \[ 100 - 20 = 3P + 2P \] \[ 80 = 5P \] Calculate \( P \): \[ P = \frac{80}{5} = 16 \] Find \( Q \) using either function: \[ Q_d = 100 - 2(16) = 100 - 32 = 68 \] or \[ Q_s = 20 + 3(16) = 20 + 48 = 68 \] Answer: Equilibrium price is \$16, and equilibrium quantity i L Lysanne Walker Aug 23, 2025
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