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If the Supply and Demand Functions for a Commodity Are

Question 55

Multiple Choice

If the supply and demand functions for a commodity are given by If the supply and demand functions for a commodity are given by and , respectively, find the price that will result in market equilibrium. ​ A) 41 B) 150 C) 33 D) 31 E) 25 and If the supply and demand functions for a commodity are given by and , respectively, find the price that will result in market equilibrium. ​ A) 41 B) 150 C) 33 D) 31 E) 25 , respectively, find the price that will result in market equilibrium. ​


A) 41
B) 150
C) 33
D) 31
E) 25

Correct Answer:

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