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11 Aug 2019
The demand for gym memberships is: P = 400 â Q. The supply of gym memberships is: P = 4Q a. Find the market equilibrium price and quantity. b. Calculate consumer surplus and producer surplus.
The demand for gym memberships is: P = 400 â Q. The supply of gym memberships is: P = 4Q a. Find the market equilibrium price and quantity. b. Calculate consumer surplus and producer surplus.
1
answer
0
watching
267
views
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Patrina SchowalterLv2
12 Aug 2019