Question
Suppose the market is defined by Demand:Q = 146 - 3P Supply:Q = 3 + 4P At a price of P = 39, what is
Suppose the market is defined by
Demand:Q = 146 - 3P
Supply:Q = 3 + 4P
At a price of P = 39, what is the size of the surplus that will exist in the market?
Type in the amount of the surplusat price P = 39.Once again, just enter in the number, and do not put in any other text or symbols.
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
