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Can you please provide the calculations necessary to arrive at answers for following question: 12. In the graph provided below, draw the following demand and

Can you please provide the calculations necessary to arrive at answers for following question:

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12. In the graph provided below, draw the following demand and supply curves and determine the equilibrium P and Q. Label the demand curve D and the supply curve 5. D =16-2P 5 = P - 2 Be sure the two curves start on the P and Q axes at the right price, end (if applicable) at the right quantity and intersect at the equilibrium price and quantity. What is the equilibrium price and quantity? P 6 Q_ Price 11 10 0 1 23 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Quantity

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