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Suppose the local market for fresh-bread is described by the equations: Qs=140P-100 and Qd=600-60P *(blank is were the answer goes) The equilibrium price(Pe) in this
Suppose the local market for fresh-bread is described by the equations:
Qs=140P-100 and Qd=600-60P
*(blank is were the answer goes)
The equilibrium price(Pe) in this market is $ (blank) per loaf of fresh bread. The equilibrium quantity (Qe) in this market it (blank) loaves of fresh bread. At P= $4.00 per loaf of bread, there is a market (blank) of (blank) loaves of bread.
The number of loaves exchanged at P=$4.00 is (blank)
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