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Consider a coffee shop where the demand and price for a cup of coffee are related by P=D(q)=4+0.2q, where P is the price (in dollars)
Consider a coffee shop where the demand and price for a cup of coffee are related by P=D(q)=4+0.2q, where P is the price (in dollars) and q is the quantity demand (in cups). Find the price if level of demand is 50 cups of coffee
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Essentials of Economics
Authors: Bradley Schiller, Karen Gebhardt
10th edition
125923570X, 978-1259235702
