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Answer to Question #342029 in Microeconomics for yousii
Question #342029
A- Calculate the equilibrium price and the equilibrium quantity. Show all your work.
972 + 103.5P = 1722 – 141.5P
1722 – 141.5P = 972 + 103.5P
Expert's answer
"972+103.5P=1722-141.5P,"
"750=245P,"
"P=3.06,"
"Q=1288.8."
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