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Consider a perfectly competitive world, the demand and supply are given by Qd = 20 3*P and Qs = 4* P. If the price is
Consider a perfectly competitive world, the demand and supply are given by Qd = 20 3*P and Qs = 4* P. If the price is $10 How much is the excess supply or the excess demand? Round to two decimal places, and do not enter the currency symbol. If your answer is $1.125, enter $1.13
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