Suppose the demand and supply functions for product X are as follows: QXD=100-.5PX-.2PC+.8PS+.0005Y+.0004 A QXS=25+.5PX where, PC is the price of product C, which is currently $25; PS is the price of product S, which is currently $80; Y is the level of per capita income, which is currently $20,000; and A is monthly advertising, which is currently $15,000. What is the equilibrium market quantity of product X?

1. gdp is calculated by summing consumption, investment, and exports of all final goods and services produced within the borders of a given country during a specific period the dollar value of all final goods and services produced within the borders of a given country during a specific period government expenditures within the borders of a given country during a specific period the quantity of all final goods and services produced within the borders of a given country during a specific period

How supply and demand work together to reach the equilibrium price in the marketplace? give at least a paragraph. you!

Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.