on the basis of the following, where P is the price per unit of output Q:
P = 2000 - 10Q
P = 1000 + 10Q
-The equilibrium price is:
A) $50.
B) $100.
C) $1,000.
D) $75,000.
Correct Answer:
Verified
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Q13: Which of the following statements is true?
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