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pirex pirex
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Posts: 634
7 years ago
Suppose the market for a good is expressed as follows:

Inverse demand: P = 200 - 2Q
Inverse supply: P = 2Q

What is the equilibrium if the government imposes a supply quota of 75 units?
What is the equilibrium if the government imposes a supply quota of 25 units?
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Microeconomics

Microeconomics


Edition: 6th
Author:
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And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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TecShdwTecShdw
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7 years ago
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pirex Author
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7 years ago
Brilliant
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Yesterday
Good timing, thanks!
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2 hours ago
Correct Slight Smile TY
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