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Question 19 (5 points) Calculate the equilibrium price Demand: q = 21 - 4p Supply: q = 3p Question 20 (5 points) Calculate the equilibrium

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Question 19 (5 points) Calculate the equilibrium price Demand: q = 21 - 4p Supply: q = 3p Question 20 (5 points) Calculate the equilibrium quantity Demand: q = 21 - 4p Supply: q = 3p

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Price theory and applications

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