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Assume that the supply and demand equations for T-shirts at store XYZ in a particular week are: p-.7q+30supply p--1.74+ 15 Demand Determine the equilibrium quantity
Assume that the supply and demand equations for T-shirts at store XYZ in a particular week are: p-.7q+30supply p--1.74+ 15 Demand Determine the equilibrium quantity and price that stabilizes the T-shirt market. ( A. 4, $5.5) B. 7, $8) C. 9, $5 D. 5, $6.5)
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