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Use the following information to answer the next question. Market for flat-screen TVs: Demand: Qd = 2,600 - 5P Supply: Qs = -1,000 + 10P

Use the following information to answer the next question.

Market for flat-screen TVs:

Demand: Qd = 2,600 - 5P

Supply: Qs = -1,000 + 10P

What would be the quantity demanded if a price floor is set at $100?

Select one:

a. 700

b. 1,400

c. 2,100

d. 0

The correct answer is: 1,400

I need an explanation about the answer of how to get 1,400

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