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in Rge Econ 101P: Principle of Microeconomics COQUITLAM COLLEGE Fall 2022 / Version A 2) (15 points) The market for a good is: Price Quantity

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in Rge Econ 101P: Principle of Microeconomics COQUITLAM COLLEGE Fall 2022 / Version A 2) (15 points) The market for a good is: Price Quantity Demanded (Qd) Quantity Supplied (Qs) a. Find the equations for demand and supply. Write them as Q=f(P) and Q=f(P). b. Find equilibrium price and quantity. c. Find the price elasticity of demand at equilibrium. Is it elastic or inelastic at this point? d. Find the price and quantity on the demand curve of maximum sales revenue

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