It is not hard to solve if you set it up as a quadratic


It is not hard to solve if you set it up as a quadratic equation, then use the quadratic formula to solve for Y1/2, then solve for Y. There will be two possibilities for Y. Which one makes sense?

Find Y* (equilibrium output) from the following [Hint: Y=(Y1/2)2]:

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Mathematics: It is not hard to solve if you set it up as a quadratic
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