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You are one of the floor managers at Best Buy. Based on historical sales and production data, you've determined that the demand function for phone
You are one of the floor managers at Best Buy. Based on historical sales and production data, you've determined that the demand function for phone cases this week is Qd = 120 - P and the supply is given by Qs = 5P. What is the equilibrium quantity of phone cases sold this week? 0 None of the above
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