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Assume the supply of a product based on private cost of production is given by 1/2P=Q. If demand is Q=301/2P, how much output would be
Assume the supply of a product based on private cost of production is given by 1/2P=Q. If demand is Q=301/2P, how much output would be produced? Select one:
A. 10
B. 15
C. 20
D. 25
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