Assume that the demand and the supply in a market are represented by the following equations: Qd = 1000 – 30P + 0.1*M + 3Pz Qs = 20P -1850 + 10*T Let M = income and T = Technology (i) If you are told that M = 40,000, Pz = 50 and T = 100, solve for your supply and demand and equations.
