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Suppose the market demand and supply functions are: Qd = -5P + 44 Qs = P - 4 (10 pt.) Plot the D and S
Suppose the market demand and supply functions are:
Qd = -5P + 44
Qs = P - 4
- (10 pt.) Plot the D and S curves.
- (10 pt.) Calculate the equilibrium price and quantity in this ma
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