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Answer to Question #349079 in Microeconomics for Sumaila
Question #349079
Find equilibrium price and quantity if;
P:8+1/3Qs
P:44-1/5Qd
Expert's answer
"p_1=p_2,"
"8+1\/3Q=44-1\/5Q,"
"Q=67.5,"
"p_1=p_2=30.5."
Learn more about our help with Assignments: Microeconomics
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