=+6. The market for paper in a particular region in the United States is characterized by the

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=+6. The market for paper in a particular region in the United States is characterized by the following demand and supply curves:

QD = 160,000 - 2000P and QS = 40,000 + 2000P where QD is the quantity demanded in 100-pound lots, QS is the quantity supplied in 100-pound lots, and P is

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Microeconomics

ISBN: 9780134184241

9th Edition

Authors: Robert Pindyck, Daniel Rubinfeld

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