Suppose that the market demand for landscaping servicesis given by the following equation: Qd = 487 -
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Question:
Suppose that the market demand for landscaping servicesis given by the following equation:
Qd = 487 - 2P
where Qd is the quantity of residential landscape cleanings per week that people in the local area would be willing to purchase at a monthly price of P dollars.
What is the quantity demanded at a price of 36 dollars per month?
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