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Costa Costa
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7 years ago
The demand and supply equations are given as QD = 90 - 6P and QS = −20 + 5P.  If supply increases by 11 units:
A) the new equilibrium price will be 9 and the new equilibrium quantity will be 36
B) the new equilibrium price will be 36 and the new equilibrium quantity will be 9
C) the new equilibrium price will be 15 and the new equilibrium quantity will be 45
D) the new equilibrium price will be 45 and the new equilibrium quantity will be 15
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
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