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d. Impose a $10 on equation set 1 and nd new equilibrium quantity, Price sellers receive, and price buyer pay. e. $100 on equation set

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d. Impose a $10 on equation set 1 and nd new equilibrium quantity, Price sellers receive, and price buyer pay. e. $100 on equation set 2 and find new equilibrium quantity, Price sellers receive, and price buyer pay. f. Draw d and e showing all the points. g. Calculate price elasticity of demand if the price changes from $80 to $84 and between 60 and 56 for equation set 1. h. Calculate price elasticity of demand if the price changes from $2500 to $2800 and between 1800 and 1600 for equation set 2. Show all your workings P=802Q P=60+3Q Equation set 1 P=3000-Q P=1000+Q Equation set 2

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