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The demand and supply curves for a product are given as: Demand: p+q = 120 Supply: 2 p-5 q = 40 At the price

The demand and supply curves for a product are given as: Demand: p+q = 120 Supply: 2 p-5 q = 40 At the price p = $50, find the total gains from trade. $948 $2450 $768 $1350 $72

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