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Using the following demand function, solve for the demand schedule of consumer, given with the following prices for bottle drinks. Demand Function : Qd =
- Using the following demand function, solve for the demand schedule of consumer, given with the following prices for bottle drinks. Demand Function : Qd = 60 - P/2
- Solve for the supply schedule. Supply Function Qs: 5 + 5P
- Provide a demand curve and a supply curve for #1 AND #2.
- Identify the equilibrium price and quantity and provide a Market Demand and Supply Curve
Equilibrium Price: ______________
Equilibrium Quantity: __________
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