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6. The inverse market demand curve for a good is p = 100 - 0.25 Q . The inverse market supply curve for the good
6. The inverse market demand curve for a good is p = 100 - 0.25Q. The inverse market supply curve for
the good is p = 20 + 0.55Q. Calculate the equilibrium price and quantity, consumer surplus, and
producer surplus. (10 pts)
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