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Using Supply and Demand to Analyze Markets - End of Chapter Problem Consider the demand for broadband internet service, given as Q D = 2

Using Supply and Demand to Analyze Markets - End of Chapter Problem
Consider the demand for broadband internet service, given as QD=224-4P, where Q is the number of subscribers in a given area in hundreds, and P is the price in dollars per month. This demand relationship is illustrated in the diagram below. Assume the price of broadband service is $25 per month.
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