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Imagine there is a perfectly competitive market. The market demand and supply are reflected in the following equations: Qd=594P Qs=31+3P Determine the price for the

Imagine there is a perfectly competitive market. The market demand and supply are reflected in the following equations:

Qd=594P

Qs=31+3P

Determine the price for the firm that wants to enter the market. Round your answer to the nearest whole number if necessary.

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