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Calculate the equilibrium price, quantity, and revenue in a market characterized by the following information: Qd = 5000 - 20P [demand curve] Q =

Calculate the equilibrium price, quantity, and revenue in a market characterized by the following information: Qd = 5000 - 20P [demand curve] Q = 30P (supply curve] where Qa measures quantity demanded; Q, measures quantity supplied; and P measures price per unit. Draw a demand-supply graph labeling the equilibrium price and quantity, you have calculated.

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