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Economics The demand for apple is Q=1000-30P, apple is supplied with Q=20P function. Assume there is no production cost. a. Find the equilibrium price and
Economics The demand for apple is Q=1000-30P, apple is supplied with Q=20P function. Assume there is no production cost. a. Find the equilibrium price and quantity for apple b. If the demand for apple changes to Q=1200-30P. How the demand graph changes? Shift up, shift down, or the slope changed
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