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***NEW ANSWER Consider the following supply and demand curves for a certain product Qs=25,000P Qp=50,000-10,000P Plot the demand and supply curves. What are the equilibrium
***NEW ANSWER Consider the following supply and demand curves for a certain product Qs=25,000P Qp=50,000-10,000P Plot the demand and supply curves. What are the equilibrium price and equilibrium quantity for the industry? Determine the answer both algebraically and graphically. (Round to the nearest cent) ""PLEASE SHOW STEPS FOR MAKING GRAPH ON EXCEL
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