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Q5. If the demand and supply curves for boxes are: D = 100 - 8P and S = 22 + 4P, where P is the
Q5. If the demand and supply curves for boxes are: D = 100 - 8P and S = 22 + 4P, where P is the price of boxes. a. Does the law of supply apply for the market of boxes? Why? . Calculate the equilibrium quantity and price
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