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If the department supply and demand equations are: Qd = 62,700 - 00 P Qo = -300 + 150 P a. Calculate the equilibrium point

If the department supply and demand equations are:

Qd = 62,700 - 00 P

Qo = -300 + 150 P

a. Calculate the equilibrium point and graph b. Calculate and graph what would happen if a property sales tax of 10% is established

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