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Assume the following demand and supply equations: Q d = 20 - 2P, and Q s = -10 + 4P. Write the demand equation in
Assume the following demand and supply equations: Qd = 20 - 2P, and Qs = -10 + 4P.
- Write the demand equation in the form y = mx+b (2 points)
- Write the supply equation in the form y = mx+b (2 points)
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Microeconomics Theory and Applications with Calculus
Authors: Jeffrey M. Perloff
3rd edition
133019934, 978-0133019933
