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What is the equilibrum price and Quantity on the following: a) Demand p = 100-5q, Supply p = 0+10q, b) Demand p = 100, Supply p = 20+4q

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter3: Supply And Demand: Theory

Section: Chapter Questions

Problem 21QP

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What is the equilibrum price and Quantity on the following: a) Demand p = 100-5q, Supply p = 0+10q, b) Demand p = 100, Supply p = 20+4q

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