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Question 6 1 pts The sugar market has a supply curve with formula: Ps = 2 +0.1Qs, and demand cuve: Pd = 55-0.320d What is the

D Question 7 1 pts The sugar market has a supply curve with formula: Ps = 2 +0.1Qs, and demand cuve: Pd = 55-0.32Qd The gover

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Answer #1

(Supply) (Demand) Sugos Market P = 2tola ce Po=55-0.32Q In Equilibrium Supply =demand RtolQ = 55 -0.32 0 oil Q +0.32Q = 55-2

cs = area of a -OSXBXH -os (126-190) (ss - 14.61) = o.sx 126.190 (40.39) = 200 asu8.no - 2548 appraximaatals. Hence option th

22.9 = ss - 0.320 0-32Q = 55-22.9 Q = 32.1 0.32 Q=100.31 mits Q = 100 units appaaxitmately. New equilibrium quantity is Q = 1

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