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(b) Given the following demand & supply functions for a product, qd=4p^2-25p+300 , qs=3p^2-200 Determine the market equilibrium price & quantities?
(b) Given the following demand & supply functions for a product,
qd=4p^2-25p+300 , qs=3p^2-200
Determine the market equilibrium price & quantities?
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