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In Sydney market, demand for ACER is given by the equation = 30 2 and supply of ACER is given by the equation = 6

In Sydney market, demand for ACER is given by the equation = 30 2 and supply of ACER is given by the equation = 6 + 4 . If Sydney market is in equilibrium, determine the equilibrium price (P) and quantity (Q) of an ACER and show the equilibrium condition in a graph.

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