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Assume the supply of a product based on private cost of production is given by 12=12P=Q. If demand is =3012Q=3012P, what price would exist in

Assume the supply of a product based on private cost of production is given by 12=12P=Q. If demand is =3012Q=3012P, what price would exist in the market?

Select one:

A.0

B.30

C.10

D.50

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