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1. Solve the equation log 4 (x 2 + 2) + log 4 (6x) 1 = log 2 5 (Note that there is a change
1. Solve the equation log4 (x2 + 2) + log4 (6x) 1 = log2 5 (Note that there is a change in the bases.)
2. The demand and supply functions of a good are given by QD = Ae-p , QS = Bep . Find the equilibrium price and quantity.
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