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Suppose the supply of a good is given by the equation Qs= -900 + 6P and the demand for the good is given by the equation Qd= 700 - 2P, where quantity (Q) is measured in thousands of units and price (P) is measured in dollars per unit.

THe equilibrium quantity in this market it?

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9273557

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