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The following equations represent the demand and supply for

The following equations represent the demand and supply for bird feeders.

Q_D = 35 - P

Q_S = -5 + 3P

What is the equilibrium price (P) and quantity (Q - in thousands) of bird feeders?

P = $35; Q = 20 thousand
P = $10; Q = 25 thousand
P = $20; Q = 20 thousand
P = $5; Q = 30 thousand

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