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The equations below define the demand and supply curves for pocket calendars in a regional market: Demand: Price = 30 - 4 Qd Supply: Price

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The equations below define the demand and supply curves for pocket calendars in a regional market: Demand: Price = 30 - 4 Qd Supply: Price = 5 + Qs If the market is free to adjust to its equilibrium, what is the price in equilibrium? O none of the above O $15 O $11 O $12 O $10

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