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3.(4 points) Solve for the equilibrium price and quantity. Assume the price is expressed in dollars and the quantity is defined in 1,000's of units.

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3.(4 points) Solve for the equilibrium price and quantity. Assume the price is expressed in dollars and the quantity is defined in 1,000's of units. (Note: since quantity is defined in 1,000's of units, you need to adjust your answer to account for this.)

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