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Home Q & A Board Other Fields Homework Help Business Economics
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nancy2457 nancy2457
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A year ago
The market for soda in Newtown can be represented by QD = 100 - 10P and QS = 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 would happen if the price of soda were $8 per case?

▸ There would be excess supply of 60 cases.

▸ There would be excess supply of 30 cases.

▸ There would be excess demand of 60 cases.

▸ There would be excess demand of 30 cases.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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neginakbarinneginakbarin
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A year ago
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nancy2457 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
smdavis
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Yesterday
Smart ... Thanks!
kh540941
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2 hours ago
Thanks for your help!!
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