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Demand & Supply 2 markets Given the demand and supply schedules for the two products calculate the prices that simultaneously clear all markets. Market z

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Demand & Supply 2 markets

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Given the demand and supply schedules for the two products calculate the prices that simultaneously clear all markets. Market z Q.Z = 40 +3P - 4Pz Q,2 = 4+ 4pz Market x Q.* = 80 -8P- 2Pz Qx =4+4Px

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