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content area Part 1 Given the following market equations: Part 2 Supply: Qs = negative 8 2p Demand: Qd = 80 negative 2p Part 3
content area Part 1 Given the following market equations: Part 2 Supply: Qs = negative 8 2p Demand: Qd = 80 negative 2p Part 3 Solve for the equilibrium price = $ 22. (round your calculation to the nearest penny)
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
