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1) draw the market demand curve of these two demand functions: q=-1/50 p + 2, q= -2/50 p +2. 2) given the equilibrium price, compute
1) draw the market demand curve of these two demand functions: q=-1/50 p + 2, q= -2/50 p +2.
2) given the equilibrium price, compute the consumers surplus.
I will give a rate, I need it tomorrow so please help me. Thank you so much!
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