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3 Apr 2021
Demand and supply for television use (pay per view) by choice is described by the following demand and supply functions (v represents the price per item)
Demand = 198 - 2v
Supply = -2 + 2v
The world market price for TV use is € 30. Price per item.
Calculate domestic production, domestic consumption, and import. Draw a picture and calculate the benefit from the opening of a business.
Demand and supply for television use (pay per view) by choice is described by the following demand and supply functions (v represents the price per item)
Demand = 198 - 2v
Supply = -2 + 2v
The world market price for TV use is € 30. Price per item.
Calculate domestic production, domestic consumption, and import. Draw a picture and calculate the benefit from the opening of a business.
freekjr1490Lv5
30 Mar 2023
2 Jun 2021
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