Sppose demand and supply are given by qd 100 - p and qs


Suppose demand and supply are given by Qd = 100 - P and Qs = 2P + 25. 2.

- Determine the quantity demanded, the quantity supplied, and the magnitude of the surplus if a price floor of $ 40 is imposed in this market.

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Business Economics: Sppose demand and supply are given by qd 100 - p and qs
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