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A year ago
In the following demand and supply functions, QD = quantity demanded, QS = quantity supplied, and P = price.
QD = 100 - 3P;  QS = 10 + 2P
The equilibrium price and quantity are 18 and 46 respectively.

True or False?
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Microeconomics


Edition: 2nd
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wrote...
A year ago
TRUE
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