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Given the following: Bolts P = 80 - Q (Demand) P = 20 + 2Q (Supply) Given the above demand and supply equations for Bolts,
Given the following:
Bolts P = 80 - Q (Demand)
P = 20 + 2Q (Supply)
Given the above demand and supply equations for Bolts, find the equilibrium price and quantity.
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