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Given the quadratic supply and demand functions: P = Q 2 + 2Q + 12 P = -Q 2 - 4Q +68 Determine the equilibrium
Given the quadratic supply and demand functions:
P = Q2 + 2Q + 12
P = -Q2 - 4Q +68
Determine the equilibrium price (P) and quantity (Q)
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Econometric Analysis
Authors: William H. Greene
7th edition
131395386, 131395381, 978-0131395381
