An economy has three markets with supply and demand functions for the three goods given by
ˢ₁ = -20 + p₁ - 0.5p₂
ˢ₂ = -100 + 2p₂
ˢ₃ = p₃
ᵈ₁ = 80 - 2p₁ - p₃
ᵈ₂ = 200 - p₂
ᵈ₃ = 100 - 2p₃ - p₁
Solve for the equilibrium price and quantities of all three goods.



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