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28 Sep 2019
Given the following demand and supply functions: Supply: Qs = -11 + 2p Demand: Qd = 72 - 3p + 0.02Y, where Y = consumer income per month. What is the equilibrium price if the consumer income is $5,000 per month?
Given the following demand and supply functions: Supply: Qs = -11 + 2p Demand: Qd = 72 - 3p + 0.02Y, where Y = consumer income per month. What is the equilibrium price if the consumer income is $5,000 per month?
freekjr1490Lv5
30 Mar 2023
Yusra AneesLv10
28 Sep 2019
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