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don't use Al bot or chat GPT otherwise downvote.correct answer will get instant upvote In a competitive market, the inverse demand for milk is, PD

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don't use Al bot or chat GPT otherwise downvote.correct answer will get instant upvote

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In a competitive market, the inverse demand for milk is, PD = 89 - 1.6Q. The inverse supply of milk is, Ps = 38 + 4.3Q What is the equilibrium quantity of milk? Answer:In a competitive market, the inverse demand for milk is, PD = 89 -1.60. The inverse supply of milk is, Ps = 38 + 4.3Q. What is the equilibrium price of milk? Answer:In a competitive market, the inverse demand for milk is, PD = 89 - 1.6Q. The supply of milk is, Ps = 38 + 4.3Q What is the producers' surplus in the competitive market

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