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Given the following Demand function: Q_d = 3550 - 266p Supply function: Q_s = 1526 + 240p Determine the equilibrium market price and quantity.

Given the following
Demand function: Q_d = 3550 - 266p
Supply function: Q_s = 1526 + 240p

Determine the equilibrium market price and quantity.

Wilfykil answered the question on March 6, 2019 at 06:41

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