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Demand Curve at Qd = 500-2P Supply Curve at Qs = 100+2P Equilibrium price = 100 Equilibrium quantity = 300 Please could you calculate both
Demand Curve at Qd = 500-2P
Supply Curve at Qs = 100+2P
Equilibrium price = 100
Equilibrium quantity = 300
Please could you calculate both price of elasticity of demand and supply. I think I may have gone wrong somewhere and I need to identify what I've done wrong. Thank you.
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