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Quantity Demanded: 18 - 0.5P Quantity Supplied: 2 + 0.5P Equilibrium Price and Quantity = 10 Is the demand elastic at two points? If the

Quantity Demanded: 18 - 0.5P

Quantity Supplied: 2 + 0.5P

Equilibrium Price and Quantity = 10

Is the demand elastic at two points? If the supply here is for farmers, what does it mean when the crop is larger?

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