The following supply and demand functions describe the competitive market Q2+4P Q40-2P where Q and Q"...

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The following supply and demand functions describe the competitive market Q2+4P Q40-2P where Q and Q are the quantities supplied and demanded, and P is the market price.

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2 +1p A1 40 2. 12 4 2. 1 6 9 2 0.5

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