Question
Suppose the demand equation is given by P-100-20, and the supply equation is given by P-20+2 Q. If the quantity bought and sold under
Suppose the demand equation is given by P-100-20, and the supply equation is given by P-20+2 Q. If the quantity bought and sold under a price floor is Q-10, what is the price floor?
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
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