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Suppose demand for a good is QD = 50 - P and supply is QS = -10 + P. How much is the producer surplus? How much is consumer surplus?

Business Economics, Economics

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Suppose P(A)=0.2 P(A)=0.2 and P(B)=0.4 P(B)=0.4.If  A  and  B  are disjoint, what is the probability that A or B occurs?P(A∪B)= If  A  and  B  are independent, what is the probability that A or B occurs?P(A∪B)=

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