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Qd=60-2px+0.01M+7Pr 1) What is the demand function for good X? Suppose the supply function is Qx=-600+10Px 2) What are the equilibrium price and

Qd=60-2px+0.01M+7Pr1) What is the demand function for good X?Suppose the supply function is Qx=-600+10Px2) What are the equilibrium price and quantity?-I thought you could figure it out by:60-2Px=-600+10PxPx=$55But I don't think I'm right anymore. Any help would be great. Thanks! -Todd

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