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confused on how to solve Consider a market in t=1 (Equation(1)) and t=2 (Equation(2)) with the following inverse supply and demand functions: P1 = 3.5q5

confused on how to solve

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Consider a market in t=1 (Equation(1)) and t=2 (Equation(2)) with the following inverse supply and demand functions: P1 = 3.5q5 + 3.5 and P1 = -2.5qa + 15 (1) P2 = 4q; + 2.7 and P2 = -4.592 + 16.5 (2) If there is no storage, what is the price and quantity equilibria ({pt,qt]) int=1 and t=2, respectively? O {11.0312, 2.4375} and {10.0830, 1.84575} O {10.2083,1.9167} and {9.1941,1.6235} O {16.4271, 3.9792} and {10.9110, 2.0528} O {5.4167, 0.8333} and {6.2240, 3.3810}

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