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Social ScienceFind the equilibrium price and quantity for the supply in demand and equations.d(p)= 14,400-5ps(p)= 1,500+2p
Find the equilibrium price and quantity for the supply in demand and equations.
d(p)= 14,400-5p
s(p)= 1,500+2p
Expert Answer
Consider the given equations:
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d(p) 14400-5p s(p) -1500+ 2р
For equilibrium demand equal...
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d(p) s(p) 14400-5p 1500+2p 7p 12900 p 1842.86
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