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Satsume Satsume
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6 years ago
The daily demand for hotel rooms on Manhattan Island in New York is given by the equation
QD = 250,000 - 375P.  The daily supply of hotel rooms on Manhattan Island is given by the equation QS = 15,000 + 212.5P.  Diagram these demand and supply curves in price and quantity space. 
What is the equilibrium price and quantity of hotel rooms on Manhattan Island?
Textbook 
Microeconomics

Microeconomics


Edition: 8th
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boransalboransal
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6 years ago
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Satsume Author
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6 years ago
This site is awesome
bahajo
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Thanks for your help!!
loki1345
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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