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Consider the markets for butter (B) and margarine (M), where the demand curves are: Demand for margarine: Q% = 20 - 2PM + PB Supply

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Consider the markets for butter (B) and margarine (M), where the demand curves are: Demand for margarine: Q% = 20 - 2PM + PB Supply of margarine: Q' = 2PM Demand for butter: Q% = 60 - 6PB + 4PM Supply of butter: Q% = 3PIA Use this information to answer the following two questions. D Question 2 1 pts Match the equilibrium prices and quantities for margarine and butter. Equilibrium price of margarine [ Choose ] Equilibrium quantity of margarine [ Choose ] Equilibrium price of butter [ Choose ] Equilibrium quantity of butter [ Choose ] Do the demand schedules indicate that margarine and butter are substitute goods, complementary goods or unrelated? O substitute goods complementary goods unrelated

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