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

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

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

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

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M969856

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