QuestionFind the excess supply of jeans when the price is set at \$R 650, given demand$p_{d}=500-2 q_{d}$and supply$p_{s}=-30+8 q_{s}$.

Studdy Solution
Calculate the excess supply.
$$Excess\, supply =85 - (-75) =160$$The excess of jeans supplied if the price per jean is set as $R650$ is160.