The demand function of rental apartments is q = 9600 - 7p, where q is quantity and

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The demand function of rental apartments is q = 9600 - 7p, where q is quantity and p is price. The supply of rental apartments is q = 1600 + 3p. The government makes it illegal to charge rent above $350 per week. How much excess demand will there be?

Posted Date: Jul 03, 2024 03:11 PM

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The demand function of rental apartments is q = 9600 - 7p, where q is quantity and

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