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02-06-2023
Business

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Question: When The Demand Function Is P=40-6Q And The Supply Function Is P=30+4Q.A)What Happens To The Price And Volume Of Transactions If The Cost Of Production Per Unit Falls By $10 Due To A Drop In The Price Of The Factors Of Production?
When the demand function is P=40-6Q and the supply function is P=30+4Q.
A)What happens to the price and volume of transactions if the cost of production per unit falls by $10 due to a drop in the price of the factors of production?

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