Suppose there are only two goods Food F and Shelter S The

Last updated: 3/30/2023

Suppose there are only two goods Food F and Shelter S The demand equations for these two goods depend on their prices pF and ps as follows DF PF PS 12 3 2pF 1 1ps DS PF PS 10 1 5pF 3 6ps The supply curves depend only on their own prices S PF PF S ps 5 5ps Determine the equilibrium price of shelter Your Answer