Solved: The demand and supply curves for t-shirts in tourist town, Biology

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The demand and supply curves for t-shirts in tourist town

The demand and supply curves for T-shirts in tourist town, U.S.A, are given by the following equations Demand: Q24,000-500P, Supply:Q6,000 + 1000 P

Where P is measured in dollars and Q is the number of T-shirts sold per year.

Find the equilibrium price and quantity algebraically.

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Biology: The demand and supply curves for t-shirts in tourist town

Reference No:- TGS02646322

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