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The price for a product when 25 units are demanded is $100. And the price of a product when 50 units are demanded is $50.

  1. The price for a product when 25 units are demanded is $100. And the price of a product when 50 units are demanded is $50. The price for a product when 40 units are supplied is $40 and the price for a product when 60 units are supplied is $100. Determine the demand equation, the supply equation and market equilibrium.

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