If 9p -4 = 6p + 29 then p is
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We know that the equilibrium quantity will be where supply meets, or equals, demand. So first we'll set supply equal to demand: 100 - 6P = 28 + 3P If we re-arrange this we get: 72 = 9P which simplifies to P = 8. Now we know the equilibrium price, we can solve for the equilibrium quantity by simplying...
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