Given that, the market demand is (qd=100-2p) and the market supply is (p=qs=+20) ,then the market equilibrium price(p) and quantity(q) respectively will be
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sorry cant help man. so difficult
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Demand and supply in a market are described by the equations. Qd = 66-3P. Qs = -4+2P. (i) Solve algebraically to find equilibrium P and Q ... 0 10 20 30 40 50 60 70. Demand. Supply 1.
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