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HELP FAST PLS Price S P P2 P, . PS P P P D Q, Q, Q Qs Q Q3 Q Q Quantity Assume that
HELP FAST PLS
Price S P P2 P, . PS P P P D Q, Q, Q Qs Q Q3 Q Q Quantity Assume that Q1=7966, Q2=5585, Q3-4415, Q4=3181, Q5=2589, Q6=1084, Q7=362, and Q8=293. Assume that the price in the market is P2. What would be the surplus or shortage in the market? (hint: if there is surplus input the number as positive if there is shortage input the name as negative) Step by Step Solution
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