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Kindly answer Given the following demand and supply equations, find the equilibrium price and quantity P = 20 - 5Q P = 5Q P =

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Given the following demand and supply equations, find the equilibrium price and quantity P = 20 - 5Q P = 5Q P = $ Q= For a monopolist's product, the demand function is: AP = 85 - 0.05q And the cost function is: C = 600 + 50q At what level of output will profit be maximised? Q=

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