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1) Solve for the equilibrium price and quantity in terms of the price of beef, Pb= 19 , the price of chicken, Pc- the price

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1) Solve for the equilibrium price and quantity in terms of the price of beef, Pb= 19 , the price of chicken, Pc- the price of sheep, P:=5 , and the annual per capita income, Y =78. All prices are in Australian dollars per kg, quantities in million kg, and income in thousands of Australian dollars

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