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The demand curve for product X is given by Qxd = 500 4Px. The price of product X is $50. Problem 02-05 - Excel Exercise

The demand curve for product X is given by Qxd = 500 4Px. The price of product X is $50. Problem 02-05 - Excel Exercise Part 2 of 2 Assume that the information about product X from the problem changed to the following: Demand intercept 400 Demand slope 4 Price of product X $ 20

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