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Mathematics, 21.12.2019 05:31 rheamorrell

Let demand for a product be given by the function qd=80-3p and supply be given by qs=2p-30. suppose the price in this market is $16. what are the quantity demanded and the quantity supplied at this price? is there a shortage or a surplus?

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Let demand for a product be given by the function qd=80-3p and supply be given by qs=2p-30. suppose...
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