Q1) Assume a market of a specific good. The demand and supply equation is as shown below: P = 70 - 30. P=5+ 20s 1. Find the equilibrium price 2. Find the equilibrium quantity 3. Find the demand price elasticities at the equilibrium

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A: GIVEN     Q = 1,000 - 4P 4P = 1,000 - Q P = 250 - 0.25Q

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Q: A Maximum Price set below the equilibrium price is called a______

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Q: NEED HELP ASAP! THANK YOU!! For a 20-year geometric cash flow progression increasing at 2% per year...

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Q: Siven that 7 (5.72) = , how will demand change as the price changes? %3D O At a price of 5.72, a 1% ...

A: We have been given the price elasticity of demand at price 5.72 is equal to 7/3

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Q: Price 32 30 28 26 24 22 20 18 16 14

A: We need to find out equilibrium point,

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