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Consider the general demand function:Qd = 13,000 - 15P + 0.7M + 20Pr. Derive the equation for the demand function when M = $30,000 and

Consider the general demand function:Qd = 13,000 - 15P + 0.7M + 20Pr. Derive the equation for the demand function when M = $30,000 and PR = $50. Using that demand function, when the price of the good is $1,000, the quantity demanded is ___ thousand.

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