The market for DVDs has supply curve and demand curves given by P=2QS and P=42-QD, respectively. Calculate the equilibrium price and quantity (P* and Q*) of the DVD market.

Managerial Economics: A Problem Solving Approach
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Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
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Chapter8: Understanding Markets And Industry Changes
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  1. The market for DVDs has supply curve and demand curves given by P=2QS and P=42-QD, respectively. Calculate the equilibrium price and quantity (P* and Q*) of the DVD market.
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