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Market demand is given as QD = 60 - 3P. Market supply is given as QS = 3P. In equilibrium, what will be the value
Market demand is given as QD = 60 - 3P. Market supply is given as QS = 3P. In equilibrium, what will be the value of producer surplus?
| A | $10 |
| B | $40 |
| C | $150 |
| D | $200 |
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283427, 1429283424, 978-1464104213, 1464104212, 978-1429283434
