Determine the equilibrium price and quantity in each of the following.
(a)Demand is represented by the equation,P = 28 - .2QD and supply by the equation P = 8 + .3QS.
(b)Demand is represented by the equation,P = 30 - .5QD and supply by the equation P = 5 + .5QS.
(c)Demand is represented by the equation,P = 20 - .3QD and supply by the equation P = 4 + .2QS.
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