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04-01-2024
Business

contestada

Given the following equations:
Demand: Q ᵈ= 90 - P
Supply. Qˢ = 10 + 15P
Solve for the equilibrium price 'P' and quantity (Q: Qᵈ = Qˢ):
a)p* = ?
b)Qᵈ=Qˢ = Q = ?

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