Given the following demand and supply equations QD = 75 - 10P (Demand) QS = SP (Supply)

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Given the following demand and supply equations

QD = 75 - 10P (Demand)

QS = SP (Supply)

If demand increases by 15 units along the quantity axis what would be the new equilibrium price and quantity?

Posted Date: Jun 22, 2024 03:04 PM

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Given the following demand and supply equations QD = 75 - 10P (Demand) QS = SP (Supply)

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