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Suppose the supply and demand equation are given as follow: Demand: Qd=121-2*p Supply: Qs=23+1*p What's the equilibrium quantity? (Hint: enter your answer in 2 decimal
Suppose the supply and demand equation are given as follow:
Demand: Qd=121-2*p
Supply: Qs=23+1*p
What's the equilibrium quantity? (Hint: enter your answer in 2 decimal places)
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