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Fimd the market price and demand for the pair of supply and demand equAtions: supply: Q=88p+653 Demand: q=1903- 37 p

Fimd the market price and demand for the pair of supply and demand equAtions:

supply: Q=88p+653
Demand: q=1903- 37 p
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ReportAnswer #1
When supply = demand, Q = q
88 p + 653 = 1903 - 37p
125 p = 1250
p = 10
demand = 1903 - 370 = 1533 units

The supply equation looks rather phony. Why supply any at zero price?
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Fimd the market price and demand for the pair of supply and demand equAtions: supply: Q=88p+653 Demand: q=1903- 37 p
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