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shbensonjr shbensonjr
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A year ago
If a demand curve can be stated functionally as QD = 500 - 0.1p and a supply curve as QS = 440 + 0.4p, then the equilibrium quantity and price would be

▸ Q = 940; p = 0.4.

▸ Q = 488; p = 120.

▸ Q = 50; p = 176.

▸ Q = 150; p = 150.

▸ Q = 150; p = 485.
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Microeconomics

Microeconomics


Edition: 17th
Author:
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kraftykrafty
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A year ago
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shbensonjr Author
wrote...

A year ago
Just got PERFECT on my quiz
lubennick
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Yesterday
Good timing, thanks!
hannahspillett
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2 hours ago
Smart ... Thanks!
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