Question
If Inverse Demand is given by the expression P = 100-2Q and Inverse Supply is given by the expression P = -20 + 3Q, what
If Inverse Demand is given by the expression P = 100-2Q and Inverse Supply is given by the expression P = -20 + 3Q, what is the PED at the point where prices are £20 below the equilibrium?
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Microeconomics
Authors: Douglas Bernheim, Michael Whinston
2nd edition
73375853, 978-0073375854
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