Description: The market price of a good is determined by both the supply and demand for it, so the economic model is very important for the consumers and the suppliers, and then we need a way to measure this model.
This report is an attempt to give us some ideas about linear static model and how to use it in market model. We will use first analytical method to find the relationship between the price and quantity, then we find the equilibrium price for the market model by using numerical method
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Size: 59392 |
Author:basem |
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Search - Market Equilibrium