Determine the market equilibrium price and quantity for the following markets: a) Qs= -20 + 3P, Qd= 220 - 5P b) Qs + 32- 7P = 0, Qd – 128 + 9P= 0
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Question: Determine the
a) Qs= -20 + 3P,
Qd= 220 - 5P
b) Qs + 32- 7P = 0,
Qd – 128 + 9P= 0
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