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true or false: The daily demand for hotel rooms on Manhattan Island in New York is given by the equation QD = 150,000 - 150P.
true or false: The daily demand for hotel rooms on Manhattan Island in New York is given by the equation QD = 150,000 - 150P. The daily supply of hotel rooms on Manhattan Island is given by the equation QS = 50,000 + 50P. The equilibrium price is $500, and the quantity of hotel rooms is 100,000 on Manhattan Island
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