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Market demand for a good is given as Qd = 90 - P. Market supply is given as Q. = 5P. a) What is equilibrium price and quantit
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The corect option is a) Es=1 a=5p P- 20 - 8 = 5x20 = 100 elastically of supply do 5x20 100 d) the correct option is c) $1125.

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