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The market for soda in Newtown can be represented by QD = 100 - 10P and QS = 10P, where Q is the ...
simmiie259
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The market for soda in Newtown can be represented by QD = 100 - 10P and QS = 10P, where Q is the ...
The market for soda in Newtown can be represented by Q
D
= 100 - 10P and Q
S
= 10P, where Q is the number of cases and P is the price per case.
Use the information above on the market for soda in Newtown. What is the equilibrium quantity in the market for soda?
▸ 100 cases
▸ 40 cases
▸ 60 cases
▸ 50 cases
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
Read 36 times
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crazyali16
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50 cases
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simmiie259
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A month ago
this is exactly what I needed
mambah4
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Good timing,
thanks!
nsak
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2 hours ago
This site is awesome
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