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For each of the following sets of supply and demand curves, calculate equilibrium price and quantity.

a. QD = 2000 - 2P; QS = 2P

b. QD = 500 - P; QS = 50 + P

c. QD = 5000 - 10P; QS = -1000 + 5P

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91385809

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