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The demand and supply schedules for gatorade is as follows: Price (Gallons) Quantity Supplied $90 65 80 55 70 45 60 35 50 25 40
The demand and supply schedules for gatorade is as follows: Price (Gallons) Quantity Supplied $90 65 80 55 70 45 60 35 50 25 40 15 Quantity Demanded 20 25 30 35 40 55 What is the equilibrium price of gatorade? What is the equilibrium quantity? The city of Fayetteville is worried about the effectiveness of gatorade in thirst quenching young adults. They set a price floor $20 above equilibrium. How much gatorade is sold? in? Thirsty young adults seekers protest to the decision so the city imposes a price ceiling $10 lower than the price floor from the previous question. How much gatorade is sold? What effect does this result
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