market demand Qd =50-p and market supply p=Qs =Qs+5 a.find market equilibrium price and quantity ? b.what

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market demand Qd =50-p and market supply p=Qs =Qs+5

a.find market equilibrium price and quantity ?

b.what would be the state of the market if market price was fixed at birr 25 per unit

c.calculate and interpret price elasticity of demand at the equilibrium point

Posted Date: Jun 23, 2024 12:01 PM

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market demand Qd =50-p and market supply p=Qs =Qs+5 a.find market equilibrium price and quantity ? b.what

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